Newquay
According to today's Cornish Guardian regarding Newquay Airport, Cornwall Council is set to provide a revenue subsidy in 2011/12 of £3.374 million. In addition the airport will require the Council to pay £7.8 million towards airport capital expenditure over the next three years. Apparently this "could" result in an additional £14 million in European funding.
Is this a bottomless pit or reasonable expenditure? Does the airport have a future. Can the Council who are suffering big cuts like all public bodies have the ability to continue to fund this.