Report says London City Airport worth £500m a year to economy
11.02.11
London City Airport is vital to the growth of the capital, according to a report by business analysts for the London Chamber of Commerce and Industry. It found the Docklands airport was ‘at the heart’ of East London's regeneration over the last 25 years and today it contributes around £500m every year to the UK economy as it supports London’s financial services sector.
The report, carried out by York Aviation, found the economic contribution of the airport to London was significant. Colin Stanbridge, chief executive of the LCCI, said: ‘With international links increasingly important, London City is an integral to London’s economy, serving the needs of a global community that demands easy access to clients and colleagues.’
Richard Gooding, chief executive of the airport, said the report addressed some of the ‘unbalanced’ debate with aviation opponents. He said: ‘Whilst we do everything we possibly can to mitigate environmental impacts, we run into the trap of ignoring the benefits. We’re the best connected city in the world – we’re not a world city, we’re the world city. The people who use London City are the engine rooms of London’s economy.’
Add to: del.icio.us | Digg it | Newsvine | NowPublic | Reddit
To book london city airport hotel or london city airport car park at the lowest price, click on these links to two great london city airport car parking and london city airport hotel price comparison pages.
