London City Airport has announced that Declan Collier has decided to stand down as chief executive after five years.
Collier, who has been in the role since March 2012, in which time the airport has reported “significant growth”, been sold to a consortium of international investors and been granted planning permission for a £350 million infrastructure project.
He will help the airport find his successor, assisting an international recruitment firm.
London City Airport chairman Sir Terry Morgan said: “Under Declan’s leadership, London City Airport has developed strong and wide ranging relationships across the aviation sector, with all levels of government and with our local communities. The airport has delivered significant growth in passenger numbers and earnings which in turn has stimulated economic activity across the local and London economy.”
Collier added: “It has been a privilege and a pleasure to have been part of the airport’s success story for more than five years. London City Airport is a great business and well placed to take advantage of future growth and new aircraft technologies as we embark on our City Airport Development Programme.
“However, as we embark on the next phase of the airport’s development I feel it is the right time to transition to new leadership.”