The announcement comes as a direct result of the decision taken by Ryanair to shut its base at Glasgow Airport.
However, Ryanair say it will start a new route from City of Derry Airport to Edinburgh later this year.
The decision to axe the Derry to Glasgow route from November this year has angered local passengers.
One told Derry Daily: “This is shocking to the City’s travellers and shows is there any point of having a local airport ?
“Why is this allowed to happen?
“Derry always comes out second best.
“it’s totally unacceptable. Where is the MEP, the MP and all the MLAs when this allowed to happen once again?
“It’s just I good enough,” the traveller fumed.
Chief Commercial Officer for Ryanair, David O’Brien, explained the decision to close its base at Glasgow Airport was because of air passenger duty cost.
“Sadly the weaker Scottish market is even weaker still in Glasgow which simply can’t bare the burden of APD at £13,” said Mr. O’Brien.
“This should not come as a surprise to the government, we did say that our growth in Glasgow was based on their promise to abolish APD, which morphed into a promise to half APD which suddenly has disappeared into the ether and quite frankly we don’t have any more patience.
“There are other markets in the UK and Europe which offer a more compelling proposition.”