US consortium to buy London city airport

An American consortium is to buy a thriving UK city airport which will play a key part in the 2012 Olympics, it was announced today.

An American consortium is to buy a thriving UK city airport which will play a key part in the 2012 Olympics, it was announced today.

Led by insurance company AIG, the consortium is acquiring London City Airport which is in London’s Docklands not far from the site of the Olympics in Stratford, east London.

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