LCA - The Freeloaders of East London

At the Select Committee on Transport 9 May 2007, yet again it appears that London City Airport c/o Richard Gooding has been shirking it full financial responsiblities. The moths must really build up in LCAs gold coin purse. Before reading the following, keep in mind that LCA consistently tells residents in Newham that LCA is responsible for the regeneration, particularly in the Royal Docks. They have indeed even claimed that it was down to them that the DLR came to town, always inferring that they have invested so much finance into the area and into the DLR - seems they didn't invest as much as they'd like you to think:

Q595 Chairman: How do you think dedicated services ought to be funded from airports as public transport?

Mr de Cani: The DLR extension has been funded primarily through Transport for London so it is publicly funded. However, there are small contributions through planning gain agreements, section 106 agreements. London City Airport has made a small contribution to the extension of the order of about £2 million. That compares to a capital cost of about 140 million. We would have liked it if they had made a bigger contribution and we tried to do that but the railway is serving a whole range of other objectives and contributing to the regeneration of east London so this extension was not just about the airport. We think they got a good deal.

Chairman: I am sure they did.

You may also recall that LCA refuse to pay anything towards the £7million pounds annual security cost for their airport. Len Duval GLA and MPA Chair asked:

Are you aware that London City Airport provides no cost towards the security of its perimeters and, in a sense, that we and part of the GLA family are subsidising them? Before you enter into commercial agreements with London City Airport or give any undertaking that security, the primacy of security around our airports and users of airports comes first and therefore that they should not be subsidised by London taxpayers, they should make a contribution like other airports; even Heathrow are cooperating in that. There seems to be a real problem with London City Airport ; they do not seem to want to even engage in a conversation about costs and they are quite adamant they are not going to pay it.

And so the penny pinching, but money grabbing from London taxpaying residents continues, whilst Sir Robin Wales turns a blind eye, and Richard Gooding claims the airport brings 'prosperity' for him maybe, but not for the residents of east London. And so far in 20 years it's only bought just over a 100 jobs.