First Minister admits to having "no intention" of selling Cardiff Airport

The First Minister for Wales, Mark Drakeford, has admitted he has "no intention of selling” Cardiff Airport.

The announcement, made today in a committee, comes despite new, eye-watering loans totalling more than £20m of taxpayers' money being handed to the airport.

In December 2012, the airport made a loss of just over £1 million, however, in 2018 this had increased to £5.71 million.

Welsh Conservative Shadow Economy and Transport Minister, Russell George AM, said: “For the last 6 years the Welsh Labour Government have pumped more than £90 million of Welsh taxpayers’ money into Cardiff airport and yet passenger numbers are struggling to rise and in the last financial year the airport made a loss of £5 million.

“Just in the last week the Welsh Government have announced they are loaning the airport another £21 million. However, all of this has been based on the promise that the airport would eventually be sold back to the private sector, another promise that this tired and failing Welsh Labour Government have broken to the people of Wales.”

The Welsh Conservatives believe Cardiff Airport needs to be sold back to the private sector so it can secure proper investment.