The privately-funded investment includes plans for seven new aircraft stands, a parallel taxiway to maximise runway capacity, and a world-class terminal extension to accommodate increasing passengers.
The improvements will enable two million more passengers per year to use the airport by 2025 and add 30,000 additional flights per year, creating over 2,000 jobs and generating an additional £750m per year for the UK economy.
The airport is also constructing the UK’s first digital air traffic control tower, operational in 2019. Construction will begin next year with delivery partner Bechtel, with the project set for completion in 2021.
Declan Collier, Chief Executive Officer of London City Airport, said: “Over the past 30 years, London City Airport has become an intrinsic part of London’s transport system; growing to a record-breaking 4.6 million annual passengers in 2016, creating local employment, and connecting business and leisure travellers with the UK, Europe and beyond. As we celebrate this anniversary, we look to a bright future ahead and the world-class transformation which is soon to commence. The City Airport Development Programme presents the opportunity to create an airport of the future, which will help meet demand in the London market, and increase connectivity.”
London City Airport, located 5-minutes from Excel London, currently offers 250 flights a day to over 40 destinations, including a twice daily business class service to New York. For further information please visit www.londoncityairport.com
