Having previously provided Private Jet readers with news of FBOs arising around London in time for a busy 2012 summer, a new route for larger private jets is opening at London Stansted Airport just in time for the July 27th Olympic opening ceremony. The Diamond Hangar, previously operated by SR Technics, had been bought out for $2 million by Aero Toy Store under the guiding hand of the Shirazi family.

The Aero Toy Store company is undertaking a further $1 million refurbishment, offering parking and maintenance services in partnership with Italian automotive group Pininfarina, who are tasked with the interior luxury design of the 250,000 square-foot office and hangar space into five different luxury waiting areas for crew and staff. The move is in line with the traditional marketing and sales success of the Aero Toy Store brand, rumored to have made the most of humble beginnings by refurbishing and remodeling second-hand Ferraris before committing to entry into aviation services.

Diamond Hangar management pinpointed the nature of the Stansted FBO as a route capable of accommodating large business jets, as opposed to the smaller runways further north out of London. The Aero Toy Store FBO will have a further three next-door competitors on-site, with Inflite, Harrods Aviation and Universal Aviation already well-established at Stansted. Diamond Hangar Managing Director, Mike Foley, appeared unfazed during a promotional appearance at this year’s EBACE, however. Flying in on the fleet’s Challenger 601 jet, Foley announced he expected the hangar suite to be five star FBO for VVIPs.