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.