PDXCWL45

Begs the question how much of this [taxpayers] money has gone to airports owned by private sector companies that have multi-million $s on their books...

Well that is the fund available from the UK government for airports in England. Wales wasn't included.
As for boardrooms abroad it's not the Welsh government's fault that the airline's who want to operate from Cardiff are European companies.
The reality is that no Welsh government is going to let Wales national airport close so it will invest as it sees the need and I expect a lot of that money will go towards things like runway resurfacing etc.

Doubt whether many people will argue about govt support for airports, what is raising an eyebrow or two is the scale of the amount for Cardiff. The £100m in England is for all airports up to a maximum of £8m - Cardiff is getting over 10 times that maximum amount. :eek:

Well that's down to the different governments. Many of the English airports are privately owned so no doubt will get investment from their owners as well as UK government. I expect that Cardiff will have to state what the money will be used for to a senedd committee. I suspect as well that the Welsh government places more value on aviation/travel as a sector than the UK government does because apart from some VAT reduction there wasn't much in the uk budget for the sector I believe.

BAMC would go back to LHR. The rest to St Athan.

I guess resident in North Wales will be less keen on the £42.6 million grant, when their natural departure point is LPL and MAN

It's still Wales national airport. It promotes and provides access to the whole of the country not just the south. Should we as a country not invest in our infrastructure because one part of it will benefit more than another? My taxes will go towards the norths metro and proposed expansion of the A55 but I won't benefit from it personally yet I'm not angry about the money spent in the north that doesn't benefit me.

Its still a rather massive amount for one regional airport.

Well that's the Welsh governmgovernment's choice and considering they mentioned a 5 year plan I'd expect it to be over that period.
It'd be interesting to know how much money airports like Liverpool and Bristol are getting from there private owners as a comparison.

Your assuming they are.

So there is the difference...Private ownership= private funding...CWL= hard earned taxpayers £££ with no say in the matter.

So the taxpayer subsidy for each WZZ customer will be?

Rather a lot looking at the amount of public money going into it....

Yes we do, if we don't like what a government is doing we vote them out. In the end it's Welsh taxpayers money being used to rescue Wales only international airport.
As for Wizz why are you focusing on them? TUI is much bigger at CWL why aren't you accusing them of being subsidised? Or KLM or Vueling or Ryanair?

BACsuperVC10

You don't think that airports that are virtually closed aren't asking their owners for investment to keep the business going?

The difference is those airports have made profits in previous years and are likely to do so once the pandemic is over. CWL has been making losses regularly.

The time must be coming when the Welsh Government admit enough has been wasted and some hard decisions need to be made re taking on private investment or

slashing costs which will probably end up closing the facility down.

And the airport was on it's way to recover pre pandemic and considering the circumstances we are in i think the government should be trying to support all businesses.

The problem is it does not have money to support ALL businesses & as importantly ALL services...let alone nigh on a £100 mill for each & everyone of them.

When the Government perhaps is voted out the £££ will be long gone of course.

WZZ focus as The Welsh Government statement focused on them too.

PDXCWL45

We dont know do we, but if they are, their owners will obviously think in the long term its worthwhile and it would be decided by board of those business. It wont affect tax payers.

Assuming that the owners don't go to local authorities or the UK government for help.

southside bobby

Well then the Welsh government obviously feels that Cardiff Airport is important enough to support.

So do people think that the Welsh government should potentially let Cardiff Airport go bankrupt?