London City Airport serving the London area—after Heathrow, Gatwick, Stansted and Luton—and was the 14th-busiest in the UK in 2017. The airport was first proposed in 1981 by Reg Ward, who was Chief Executive of the newly formed London Docklands Development Corporation (LDDC) that was responsible for the regeneration of the area. He in turn discussed the proposal with Sir Philip Beck (Chairman of John Mowlem & Co plc) and the idea of an airport for Docklands was born. By November of that year Mowlem and Bill Bryce of Brymon Airways had submitted an outline proposal to the LDDC for a Docklands STOLport
London City Airport Airport DLR station opened on a branch of the Docklands Light Railway, providing rail access to the airport for the first time, and providing fast rail links to Canary Wharf and the City of London. By 2006, more than 2.3 million passengers used London City Airport. In October 2006 the airport was purchased from Dermot Desmond by a consortium comprising insurer AIG Financial Products Corp. and Global Infrastructure Partners (GIP). In the final quarter of 2008 GIP increased its stake in the airport to 75%, the remaining 25% belonging to Highstar Capital. London City Airport was granted planning permission to