Originally Posted by
pabely
With Birmingham City Council being effectively Bankrupt, what affect does that have for the airport, ie freeze on all capital spend? I know they are part owners..
My understanding is that the local authorities only own 49% of the airport, and that ownership is split between the 7 metropolitan boroughs of the West Midlands (Dudley, Walsall, Solihull etc) - not sure if they each own an equal stake but I therefore wouldn’t expect Birmingham City Council’s financial woes to have any impact!