CityJet adds voice to LCY sale concerns

Two more major users of London City —CityJet and Flybe—have joined BA in voicing concerns over any increase in charges to be imposed by a new owner for the inner-city facility. The airport was put up for sale by current owners Global Infrastructure Partners in August 2015. Press reports have indicated that a price tag of US$2.9b has been affixed to the airport, which has a heavy bias toward business passengers, particularly from the nearby Docklands financial district. BA warned that any attempt by new owners to recoup their costs by increasing landing and other charges could lead to it cutting back its services at LCY. Now CityJet has issued a similar warning. CityJet executive chairman Pat Byrne said that any increase in charges “brings into question the long-term sustainability of airline operations at LCY.” <br/>
ATW
http://atwonline.com/airports-routes/cityjet-adds-voice-lcy-sale-concerns
2/19/16