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London City Airport bids to ease Saturday flight ban

The Anews reported, citing the DPA, London City Airport wants its ban on flights after 1 pm (1200 GMT) on Saturdays to be scrapped.
It said that the airport is also calling for more flights to be allowed early in the morning and late at night.
The airport claimed the measures are vital to allow it to meet future demand. But residents' organization Hacan East warned the plans will "anger" local communities.
London City has launched a consultation on the proposals, which will require agreement from the London Borough of Newham, where it is located.
The airport's hours of operation are currently restricted to 6:30 am - 10:30 pm on weekdays, 6:30 am - 1 pm on Saturdays, and 12:30 - 10:30 pm on Sundays.
Flights could be permitted as late at 10 pm on Saturdays under the plans.

The airport wants to increase the number of flights allowed from 6:30 - 6:59 am to be doubled to 12, and for the limit of 400 flights per year for delayed departures and arrivals in the last half hour of operations each day to be relaxed.
Only modern aircraft that are cleaner and quieter than previous models would be allowed to fly in the new operating periods.
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London City also wants its annual cap on passenger numbers to be raised from 6.5 million to nine million.
The airport is no longer seeking an increase in the limit on flight numbers as the use of larger aircraft could cater for more travellers.
It expects its annual passenger total to reach three million this year, and 6.5 million by the middle of this decade.
London City chief executive Robert Sinclair said: "London City Airport plays an incredibly important role in quickly and easily connecting London to the rest of the UK and the world for both business and leisure travel.
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"The strength of our rebound demonstrates the huge pent-up demand for air travel and the need to plan responsibly for the future.
"Most importantly, following our commitment to be the first net zero airport in London by 2030, these proposals set out how London City and its airlines can meet future demand in a sustainable way.
"In particular, it will accelerate investment in cleaner, quieter, new generation aircraft, for use in the extended periods, delivering the benefit of quieter aircraft to our local community throughout the whole week."
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John Stewart, who chairs Hacan East, said: "Ever since London City opened, residents have had a break from the noise between midday Saturday and midday Sunday.
"There will be anger that the only break now will be for a few hours on Sunday morning."
Source: anews
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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