Plans have been submitted for a £200 million expansion of London City Airport, which aims to meet growing business travel demands.
According to buyingbusinesstravel.com, if the plans are approved, the airport’s annual passenger capacity could double from three million to six million by 2023.
The planning application seeks approval for new aeroplane parking stands, a parallel taxi lane and an extension of the terminal. These additions and expansions would allow for bigger aircraft to land at the airport and increase the runways’ capacity, breakingtravelnews.com reports.
The expansion could be beneficial for business travellers who frequent conference centres in London, as well as the thousands of tourists that flock to the capital every year.
Chief executive officer of London City Airport, Declan Collier, said that the expansion is vital and could create up to 1,500 new jobs for the East London area.
“In terms of the wider UK economy, the airport already contributes £750 million every year – through business and leisure tourist spend, the operation of businesses on site, productivity savings and air passenger duty – and when this project is completed, we can expect to double that amount,” he concluded.
The plans have been submitted to the London Borough of Newham, which will make a decision on whether to approve the application or not.