British Airways has revealed what's next in store for one of its retired Boeing 747 jumbo jets, and it's sure to be a hit with aviation fans.

The aircraft, registration G-CIVB, is being permanently retired at Cotswold Airport near Kemble in Gloucestershire.

It will be transformed into a venue that can be hired for events, not to mention it will also feature a cinema for locals and educational facilities for schools.

Although there isn't an exact opening date, the aircraft is set to open to the public in spring 2021.

G-CIVB was painted in the unique Negus livery from the 1970s and 1980s in honour of the airline's centenary, and was one of the last of the jumbo jets to leave the fleet.

The aircraft is set to open to the public in spring 2021

During its time at British Airways, the aircraft served 13,398 flights and flew for 118,445 hours over nearly 60 million miles.

Money raised from events held in the aircraft will also be donated to Cotswold Airport’s scholarship programme, which allows 10 students who have an interest in aviation to experience various aviation career environments.

Sean Doyle, CEO of British Airways, said: "It was with great sadness that we retired our two final 747s based at Heathrow earlier this month, so we’re glad Cotswold Airport is able to give one of these aircraft a new home and a new lease of life.

"The 747, and the Negus livery, are iconic in British Airways’ past, and we hope locals and visitors will enjoy seeing this slice of history for years to come."

The Boeing 747 will be located at Cotswold Airport

It's not the only one of British Airways' retired 747s to be opening to the public.

One of the jumbo jets, registration G-CIVW, is being transformed into a public exhibit at the Dunsfold Aerodrome, as well as serving a film and television set. (It's not yet been confirmed if a production has already signed up to use the aircraft for filming).

British Airways retired its Boeing 747s earlier this year. They were initially being slowly phased out due to being so 'fuel-hungry', but the impact of the coronavirus pandemic meant that the retirement was brought forward.

The airline's final Boeing 747-400 planes took off in August in a milestone moment for the company.