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The former RAF site is located in the Blackdown Hills area of Devon, close to the county’s border with Somerset.
The current aerodrome’s website said it was originally built and set up as an American naval base during World War Two and, at 839ft (256m) above sea level, is the highest licenced airfield in the UK.
Along with skydiving, other activities done include Spitfire flight tours, wing-walking and flight training for aircraft.
It also supported “a network of aviation businesses and commercial developments”, according to its website.