British Airways will cancel one of its two all-business class flights between London City and New York from October 31, 2016.
The BA3/BA4 Club World London City service, which British Airways promotes the flight as "like having your own private jet", is being axed due to reduced demand on the premium trans-Atlantic route.
The London City flights – which are favoured by executives due to the airport's close proximity to the CBD and The City financial district – rely on an Airbus A318 jet fitted with just 32 business seats which convert into flat beds.
British Airways will retain its flagship BA1/BA2 service, but trim the daily schedule by axing Saturday flights.
A unique part of the London-New York BA1 flight is that the relatively small A319 jet lands at Ireland's Shannon Airport to refuel, as it can't leave London City airport with enough fuel for the long leg to New York.
During the stop-over passengers are pre-cleared by US immigration so that they can enter the US classed as 'domestic' travellers, rather than having to join the long international arrivals queue at New York's JFK Airport.
The London-New York corridor carries just over four million travellers each year, but the route is susceptible to downturns in the business environment.
In 2008 the GFC triggered a long slump in jetsetting activity between the two major financial centres and Britain's recent decision to leave the European Union is also expected to cause a drop in trans-Atlantic business travel, especially on the banker-friendly London City service.
BA2 arrivals service remains
A spokesperson for British Airways also told Australian Business Traveller that the airline is "committed" to continuing the BA2 arrivals service in partnership with the Radisson Blu Edwardian hotel at Dockland's New Providence Wharf, close to London City Airport, despite rumours the service would be withdrawn.
This allows travellers stepping off the ClubWorld London City flights to freshen up with a shower and enjoy a free breakfast, with optional garment pressing.
BA operates up to 12 daily flights to several airports around New York from London's Heathrow, Gatwick and City airports.