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Old 1st Nov 2018, 19:43
  #725 (permalink)  
PDXCWL45
 
Join Date: Feb 2018
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Originally Posted by runway30
I know we have been through this before but Welsh Government lent money to Cardiff Airport. Cardiff Airport used the money to subsidise Flybe. Cardiff Airport expects to make enough money at the back end of the deal to repay the Government. If any of that goes wrong there will be a huge political row and accusations of state subsidy and unfair competition. It wouldn’t be the same as a private sector airport shrugging their shoulders and regretting their bad call.
The Welsh government loans are already being paid back by the airport on a commercial basis by Cardiff Airport Ltd.
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