 Solution

In a stationary spacetime chart, take $V={\partial }_0$. Its squared length is $g_{00}<0$, so $V$ is a timelike vector. Since its components are constant, the Lie derivative of a tensor field obeys $({\mathcal{L}}_{V}g{)}_{\mu \nu }={\partial }_0{g}_{\mu \nu }=0$. For the Levi-Civita connection,so $V$ satisfies the Killing equation.

Conversely, a timelike Killing vector field is nowhere zero. Apply the flow-box theorem to choose coordinates with $V={\partial }_0$. The Killing equation then gives ${\partial }_0{g}_{\mu \nu }=0$, and $g_{00}=g(V,V)<0$. Thus local stationarity is equivalent to the existence of a timelike Killing vector field.