Firm buoyant as new boats are unveiled at major show

Nick Sanders, Operating Partner, Better Capital LLP, and Fairline's Design Director, Andrew Pope. Photo: David Lowndes
Nick Sanders, Operating Partner, Better Capital LLP, and Fairline's Design Director, Andrew Pope. Photo: David Lowndes
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A trio of new luxury boats has been unveiled by a Peterborough boat builder.

Fairline Boats, based at Oundle, revealed its three new models during the prestigious London Boat Show.

The new vessels are the Shadow S edition of the firm’s successful Targa 38 plus two new 53 feet long models - the Targa 53 GranTurismo and the Squadron 53.

The news comes shortly after Fairline announced plans to introduce eight new boats over the next three years and revealed several new appointments to its engineering team.

Stuart McCullough, commercial director at Fairline Boats, said: “The London Boat Show is one of the main highlights of the year for the leisure marine industry.

“We plan to introduce eight new models over the next three years, and are looking forward to sharing the full details with customers.

“Our new-look engineering team gives us fresh expertise to deliver cutting-edge design and product development.”

The firm’s buoyancy is in contrast to a couple of years ago when it was forced to make a series of redundancies.

Fairline Boats, which was started by Jack Newington in 1963, reached its peak as an £150 million firm in 2008, but shortly after announced 500 job losses as the credit crunch hit.

Last year, chief executive Kevin Gaskell said: “The year ahead promises to be an exciting one with planned attendance at boat shows in China, Japan, Australia, South Africa and across Europe.

He added: “The success of these boats on a global platform is down to our talented British designers and factory teams in Oundle.”