Declan Collier, the new boss of London City airport, has confirmed that the airport might be sold. In a wide-ranging interview with today’s Daily Telegraph (1), he said, “A sale or the introduction of new investors will be elements of what we look at.”
Collier’s statement confirms rumours which have been circulating for some months that the airport will be put up for sale. The airport’s owners bought Gatwick and, in recent weeks, Edinburgh Airport from BAA. It is thought that they want to invest money in developing Gatwick.
HACAN East Chair John Stewart said, “The airport will continue to blight the local community whoever owns it. The 550 jobs it provides are outweighed by the problems it causes across wide areas of East and South East London. But we would hope that new owners will be more transparent in their dealings with local people than the current owners have been.”
ENDS
Notes for editors:
(1). The full interview can be found at: http://www.telegraph.co.uk/finance/newsbysector/transport/9322616/Interview-Declan-Collier-chief-executive-of-London-City-Airport.html
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