7 JANUARY 2013


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Article from BTNews 7 JANUARY 2013

Cardiff Airport nationalisation?

The Welsh Government has proposed buying Cardiff Airport in order to improve its fortunes after passenger numbers nearly halved.

Ministers have entered exclusive talks with TBI, the owner of the airport, whose parent, the Spanish infrastructure group Abertis, bought the airport that was formerly owned by local authorities.

Welsh First Minister, Carwyn Jones, said that subject to the satisfactory completion of financial, legal and value-for-money considerations, the Welsh Government could buy the operation.  Figures for 2012 have not yet been published but could be the lowest in the last 15 years, less than 1.2m passengers. www.cwlfly.com

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