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Old 2nd Mar 2020, 15:48
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PDXCWL45
 
Join Date: Feb 2018
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Originally Posted by SWBKCB
So, am I reading this right - they bought the airport for £52m, loaned them £38m, then a further extension of £21.2m, now a further £6.8m. This after making losses of £18.5m last year - nearly three times more (i.e. well over £6m) than the previous year. And this is on commercial terms?
Interesting evidence today from Cardiff Airport to the Senedd Public Accounts committee concerning the loan and the airport operation in general and what costs they have to cover in the future.
https://www.senedd.tv/Meeting/Archiv...autostart=True
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