The BBC is reporting that the Welsh government plans to buy Cardiff airport from current owners TBI.
According to the report an agreement has been reached, with the parties set to work towards a purchase “over the next few months”.
The report quotes First Minister Carwyn Jones as saying that the airport will not receive subsidies, and should “demonstrate a return to the taxpayer”.
Earlier this year Carwyn Jones announced a commitment to “rebrand and refresh the airport in time for the 2013 summer season”.
Report by Mark Caswell