London City Airport expansion approvedJuly 28, 2016
The government has approved the expansion of London City Airport, a decision London First has pushed for over the last few years. We previously expressed our anger at the Mayor’s decision to refuse permission for expansion in March last year, which we called a “bad decision for London”.
City’s appeal against that decision has now succeeded, which means the £344 million programme for an extended terminal, new taxiway and parking slots for planes will now go ahead. This will create more than 2,000 new jobs and open up opportunities for airlines to reach longer-haul destinations from City, including the Gulf, Russia and eastern United States.
City’s location between London’s two key financial centres sees it play a particular and important role in London’s air market, which is the largest in the world.
London First Chief Executive, Baroness Jo Valentine, said
“The approval of City Airport’s expansion is a strong signal that the government takes being open to trade seriously. Now we need the government to get on and announce a decision on a new runway for the south east.”
Chancellor of the Exchequer, Philip Hammond MP, said:
“London City Airport’s ambitious growth plans will boost international connections, strengthening the City of London’s links to destinations across the world, and send a clear signal that Britain is open for business. Making it easier to visit and do business in the City of London will help drive forward our economy and further strengthen the city’s status as the world’s leading financial centre.”
This is a pleasing sign of government listening to the business community and the benefits of this expansion programme. The government now needs to deliver a decision on a new runway in the South East to maintain this momentum.
Contact: Richard Dilks, email@example.com