Who owns London City Airport?

Who owns London City Airport?

London City Airport is owned by a consortium of international investors. The main stakeholders of the airport include Global Infrastructure Partners (GIP), which owns a 75% share, and Oaktree Capital Management, which holds the remaining 25%. GIP is an independent infrastructure fund manager with a global presence and extensive experience in the aviation sector. Oaktree Capital Management is a leading global investment management firm specializing in alternative investment strategies.

The consortium’s acquisition of London City Airport took place in 2016 when GIP and Oaktree acquired the airport from a consortium led by American investment firm, Global Infrastructure Partners. The change in ownership has ushered in a new era of growth and development for the airport, with significant investments being made to enhance infrastructure, expand capacity, and improve passenger services.

Under the current ownership structure, London City Airport continues to play a crucial role in connecting business travelers and leisure passengers to major cities across Europe and beyond. The airport’s strategic location, just a stone’s throw away from the financial hub of Canary Wharf and the heart of London, makes it a preferred choice for those seeking convenience and efficiency in their travel plans.

FAQs about London City Airport

1. How many passengers does London City Airport handle annually?

London City Airport handles an average of over 5 million passengers annually. Despite being one of the smallest airports in London, it has experienced significant growth in recent years, with passenger numbers steadily increasing.

2. What airlines operate at London City Airport?

Several airlines operate at London City Airport, offering a range of domestic and international flights. Some of the major airlines include British Airways, KLM, Lufthansa, Flybe, and CityJet.

3. Are there any plans for future expansion of London City Airport?

Yes, there are plans for future expansion of London City Airport. The airport is currently undergoing a major development program, which includes the construction of new passenger facilities, the expansion of the terminal building, and the improvement of transport links to and from the airport.

4. What is the airport’s proximity to central London?

London City Airport is located in the Royal Docks area of London, just 6 miles east of the City of London. Its close proximity to central London makes it a convenient choice for business travelers and those looking to explore the capital city.

5. Does London City Airport have any specific facilities for business travelers?

Yes, London City Airport caters to the needs of business travelers with a range of facilities and services. These include dedicated business lounges, free Wi-Fi throughout the terminal, and fast-track security and immigration clearance.

6. What is the average flight time from London City Airport to European destinations?

The average flight time from London City Airport to European destinations is approximately 2 hours. The airport’s short runway and compact size allow for quicker take-off and landing procedures, reducing overall flight times.

7. Is London City Airport accessible by public transport?

Yes, London City Airport is well-connected to the public transport network. The airport has its own Docklands Light Railway (DLR) station, providing easy access to the London Underground and other parts of the city. There are also regular bus services and taxi ranks available.

8. Are there any hotels near London City Airport?

Yes, there are several hotels near London City Airport, offering convenient accommodation options for travelers. Some of the nearby hotels include the DoubleTree by Hilton Hotel London Excel, the Aloft London Excel, and the ibis London Excel-Docklands.

9. Does London City Airport have any specific measures in place for security?

Yes, London City Airport has stringent security measures in place to ensure the safety of passengers and staff. These include state-of-the-art security screening systems, vigilant security personnel, and regular security drills and training.

10. What are the most popular destinations served by London City Airport?

London City Airport offers flights to a wide range of destinations, both domestic and international. Some of the most popular destinations served by the airport include Amsterdam, Dublin, Frankfurt, Edinburgh, Zurich, and New York.

11. Is London City Airport suitable for passengers with reduced mobility?

Yes, London City Airport is equipped to cater to the needs of passengers with reduced mobility. The airport provides dedicated assistance services, including wheelchair access, accessible toilets, and trained staff to offer guidance and support.

12. Does London City Airport offer any special amenities for families traveling with children?

Yes, London City Airport provides special amenities for families traveling with children. These include family-friendly facilities such as baby changing rooms, play areas, and a variety of dining options suitable for children.