LONDON CITY AIRPORT EXCEEDS EXPECTATIONS

Since the purchase of London City Airport in December 2006 we have seen the introduction of 11 new services leading to growth of 20%.

Today the network from London City Airport serves 34 leading financial and commercial European destinations.

Richard Gooding, Chief Executive of London City Airport believes that the demand for convenient air travel from the European business community will continue to drive and support the development of the Airport: “As a result of increasing demand we are not only seeing the introduction of new services, but are also seeing the introduction of route competition, enhancing the customer’s choice.

“If you wish to travel to Zurich you can now choose from three airlines. This means that we offer a very comprehensive schedule, with more services than Heathrow, giving the passenger maximum flexibility when making their business travel arrangements. You also have a choice of two airlines when booking flights to Edinburgh, Frankfurt, Isle of Man, Jersey, Amsterdam, Luxembourg, Milan, Geneva and Madrid.”

In order to sustain the current level of growth the immediate future investment programme for London City Airport will focus on capacity. By summer 2008 the airport will have built new aircraft parking stands, expanded the departure lounge and extended security facilities.

Richard concludes: “Looking ahead I’m confident that 2007 will prove to be equally, if not more successful, than previous years. Even with the new capacity already planned to be on stream for 2008, to meet growing demand our longer-term plans will continue to focus on increasing capacity further.”