Don’t know what is committed but there are 2 loans needed. An initial £100m plus a further £125 million. There is no evidence that the second part has been paid to the council yet but seeing the work is more than 50% complete maybe they have indeed got the money.
It needs to be remembered that the Dart was never about serving the existing terminal as the airport reached capacity without it. It is all about serving a second terminal which might never happen. The loan repayments will have a significant impact on Income to the council as the council did not charge a passenger levy to pay for it.