London City Airport faces opposition over bigger planes plan Transport & Infrastructure Opposition to plans to allow bigger jets to use City Airport is taking off among London politicians who work right under the flightpath into the Docklands hub. The London Assembly’s environment committee has raised questions over aircraft such as the Airbus A320neo being used to boost capacity at the capital’s smallest and most central aviation [...]
Macquarie ups stake to become majority owner of London City Airport Transport and infrastructure An asset management giant has become the majority owner of London City Airport after buying out some of its fellow shareholders. Macquarie Asset Management has increased its stake in the transport airport to 75 per cent after acquiring a further 50 per cent equity stake from Alberta Investment Management Corporation and OMERS. The move comes after Macquarie [...]
London City Airport’s profit has almost doubled Transport and infrastructure Profit at London City Airport almost doubled in 2024 thanks to a rise in passenger numbers, it has been revealed. For its latest financial year, the airport’s pre-tax profit increased from £6.6m to £11.8m. New accounts filed with Companies House also show its turnover rose from £102.6m to £115m. Passenger traffic increased by 4.6 per [...]
BA Cityflyer: Profit almost doubles at London City Airport carrier July 11, 2025 Profit almost doubled at BA Cityflyer, the main airline operating from London City Airport, in 2024 despite falling passenger numbers. The business, which is wholly owned by British Airways, has posted a pre-tax profit of £20.3m for its latest financial year, according to new accounts filed with Companies House. The latest total comes after the [...]
Heathrow: Third runway car park plans more costly than entire Gatwick expansion July 11, 2025 Upheaving Heathrow Airport’s car parks as part of plans for a third runway would cost more than the entire expansion of its closest rival Gatwick, leaked documents that reveal the magnitude of financing the controversial project show. The UK’s biggest airport plans to replace most, if not all, of its existing car parks to build [...]
Macquarie nears deal for slice of London City, Birmingham and Bristol Airport June 15, 2025 Macquarie is close to a multibillion pound deal for stakes in London City, Birmingham and Bristol Airport. The Australian infrastructure investor is this weekend finalising terms with the Canadian pension fund Ontario Teachers’ Pension Plan (OTPP), according to the Sunday Times. OTPP owns 25 per cent stake of London City, 27 per cent of Birmingham [...]
London Stansted Airport submits major expansion plans June 9, 2025 London Stansted Airport is seeking permission to increase the number of passengers it handles every year to more than 50m. The transport hub, which is owned by Manchester Airports Group, is hoping to up its annual passenger capacity to nearly 51m over the next two decades. The airport said it is aiming to complete the [...]
Blackstone takes stake in UK airports group for £235m March 28, 2025 Blackstone has bought a 22 per cent stake in AGS Airports in a deal valued at £235m, it has been announced. The agreement sees AviAlliance offload some of its holdings in AGS, which owns Aberdeen, Glasgow and Southampton airport, although it will retain a majority 78 per cent stake. AGS was acquired by PSP, one [...]
Transport secretary ‘minded to approve’ Gatwick expansion February 27, 2025 The transport secretary is “minded” to approve Gatwick Airport’s plans for a second runway but only if it accepts certain revised requirements, it has been announced. Heidi Alexander on Thursday gave the £2.2bn project a ministerial nod of approval should the airport agree to some additional demands. These include noise mitigation and the extent to [...]
Rocket Padel banks on ‘tenfold’ growth ahead of London expansion February 5, 2025 Britain’s booming number of padel players can grow tenfold because the country has the “perfect ingredients”, says the founder of Rocket Padel as the operator prepares to open a new club in Beckton, east London. The new site, due to open in April, will be the Scandinavian brand’s seventh club worldwide and its fourth in [...]