
London
City Airport (IATA: LCY, ICAO: EGLC)
is a single-runway airport, intended for use by STOL (Short Take Off
and Landing) airliners,
and principally serving the financial districts of London. It is
located on a former Docklands site, directly opposite the London Regatta Centre, in the London Borough of Newham in East London, England, and was
developed by the engineering company Mowlem in 1986/87.
London City is the fifth-largest international airport in size serving the
London area after Heathrow, Gatwick, Stansted and Luton.
London City
Airport has a CAA Public Use Aerodrome
Licence (Number P728) that allows flights for the public transport of passengers
or for flying instruction, subject to an aircraft being approved for a 5.5
degree or steeper approach.
The airport
has produced a master plan outlining their vision for growth up to 2030. The
plan shows a phased expansion of the airport to a maximum capacity of 8 million
passengers per annum, without the addition of a second runway, or significant
expansion of the current airport boundaries. [3]
London City
Airport was purchased from the Irish billionaire Dermot Desmond, in October
2006 by a consortium comprising AIG Financial Products Corp. and Global
Infrastructure Partners (GIP) for an undisclosed sum. In 2007, London City
Airport experienced a record 2.9 million passengers; a 23 percent rise over
2006.