Welsh Govt to buy airport

The Welsh Government has entered into negotiations to nationalise Cardiff Airport, first minister of Wales, Carwyn Jones, announced yesterday.

By Civil Service World

19 Dec 2012

Following discussions over the past year, the Welsh Government said it has entered into exclusive talks with TBI, the current owners of Cardiff Airport, to reach a deal. Subject to legal, financial, and value for money considerations, a purchase of the airport may take place in a few months’ time.

“Such an arrangement would enable us to develop a more coherent approach to our national infrastructure planning, and integrate the airport into our wider economic development strategy,” Jones stated.
The airport will be run by an independent operator on a commercial basis without funding.


Share this page