Who bought London City Airport?

The airport was developed by the engineering company Mowlem in 1986–87. In 2016 it was bought by a Canadian-led consortium of Alberta Investment Management Corporation (AIMCo), OMERS, the Ontario Teachers' Pension Plan and Wren House Infrastructure Management of the Kuwait Investment Authority. London City Airport Ltd.



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London City Airport is owned by a consortium, made up of AIMCo, OMERS, Ontario Teachers' Pension Plan and Wren House Infrastructure Management.

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The airport is owned and operated by Gatwick Airport Limited, a wholly-owned subsidiary of Ivy Holdco Limited, owned by Global Infrastructure Partners (GIP), among others.

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Airports are locally owned and operated. All but one U.S. commercial airport are owned and operated by public entities, including local, regional or state authorities with the power to issue bonds to finance some of their capital needs.

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Adebayo Ogunlesi – the man who bought Britain's Gatwick Airport.

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Atlanta Hartsfield-Jackson International Airport remains the busiest airport in the world with 5.2 million seats in September 2023. The composition of the Global Top 10 Busiest Airports is also the same as last month but there are a few changes to the rankings.

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As was perhaps to be expected, London City Airport, the closest airport to the City, is also the most expensive.

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Because it's a smaller airport, arrivals and departures at LCY can be much quicker and easier than larger airports in London.

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Who owns the airports? Since the British Airport Authority (BAA) was privatised in 1986, the state does not own any of the airports in the UK. Heathrow is now owned and run by Heathrow Airport Holdings Limited (formerly BAA), which is in turn owned by FGP Topco Limited, a consortium led by Ferrovial SA of Spain.

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1. King Fahd International Airport in Dammam, Saudia Arabia (DMM)—300 square miles. Despite its massive size, on the civilian side, King Fahd International Airport, with 10 million passengers annually, is a much smaller player; the other main Saudi Arabia airports, in Riyadh and Jeddah, outrank it in passenger traffic.

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In 2022, four of the airports in London served more than 10 million passengers: London-Heathrow, London-Gatwick, London-Stansted and London-Luton. While much smaller than the others, London-City is also worth mentioning as it's perhaps the most convenient London airport.

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London City Airport is recognised for its exceptional Private Jet Centre, offering elite passengers a seamless and elegant travel experience. With personalised lounges, swift security procedures, and premium services, London City Airport is a preferred hub for private flights in the United Kingdom.

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