A consortium of Canadian and Kuwaiti investors has signed an agreement with American fund Global Infrastructure Partners to acquire London City Airport in a deal that is reported to be worth nearly £2 billion ($2.8 million), said a report.
Heathrow Airport was forced to cancel 13 flights on Monday after activists cut through a perimeter fence and chained themselves together on a runway to protest against the possible expansion of Britain's biggest airport.
British budget airline easyJet has backed Heathrow in London's runway expansion race and said it would start flying from the capital's largest airport if the government chooses to increase its capacity.
British lawmakers a
The chief executive of Qatar Airways said Britain needs to take urgent action to increase airport capacity in London and the south east of England to avoid a "catastrophic situation" for the country's economy.
Britain has raised the security threat level for transport hubs over intelligence reports that the aviation industry could be a target for possible Al Qaeda attack, official sources said.
BBC said it had obtained a letter from t