London City Airport has been sold
London City Airport has been sold to a group comprising a unit of American International Group and a joint venture of GE Infrastructure and Credit Suisse. The deal is expected to receive regulatory approval next month. The value of the sale by Dermot Desmond is estimated at $1.4 billion.
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
