News

Welsh government set to buy Cardiff airport

18 Dec 2012 by BusinessTraveller

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”.

Airlines including Eurowings and Vueling have recently announced new services from Cardiff airport for next year.

Earlier this year Carwyn Jones announced a commitment to “rebrand and refresh the airport in time for the 2013 summer season”.

Visit tbicardiffairport.com.

Report by Mark Caswell

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