London City Airport bought for £2bn by Canadian-led group
London City Airport has been bought by a consortium led by a major Canadian pension fund.
The price paid has not been disclosed, but the airport’s value has been put at about £2bn.
City Airport, which is near Canary Wharf in London’s Docklands, is popular with bankers and City professionals because of its proximity and its small size.
Last year, a record 4.3 million passengers used the airport. Read More…
London City Airport bought for £2bn by Canadian-led group
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