Menu
18/12/2012
Welsh Govt Considers Buying Cardiff Airport
The First Minister of Wales, Carwyn Jones, has announced that the Welsh Government has entered into an exclusive ‘due diligence’ agreement with TBI, the owners of Cardiff Airport.
Subject to the satisfactory completion of financial, legal and value for money considerations, the Welsh Government may then proceed towards a purchase of the airport.
The First Minister said: "Over the past 12 months, I have repeatedly emphasised the importance to Wales of a dynamic international gateway airport in Cardiff.
"During the course of the year we have developed a very constructive and positive relationship with TBI. Together we have been discussing how best to develop the airport to position it for the challenges ahead.
"I can today announce that the Welsh Government has agreed with TBI to progress towards the purchase of Cardiff Airport. Such an arrangement would enable us to develop a more coherent approach to our national infrastructure planning, and integrate the airport into our wider economic development strategy."
(CD)
Subject to the satisfactory completion of financial, legal and value for money considerations, the Welsh Government may then proceed towards a purchase of the airport.
The First Minister said: "Over the past 12 months, I have repeatedly emphasised the importance to Wales of a dynamic international gateway airport in Cardiff.
"During the course of the year we have developed a very constructive and positive relationship with TBI. Together we have been discussing how best to develop the airport to position it for the challenges ahead.
"I can today announce that the Welsh Government has agreed with TBI to progress towards the purchase of Cardiff Airport. Such an arrangement would enable us to develop a more coherent approach to our national infrastructure planning, and integrate the airport into our wider economic development strategy."
(CD)
Related UK National News Stories
Click here for the latest headlines.
26 April 2013
£500k Revamp For Cardiff Airport
Cardiff Airport is to be refurbished to help improve the first impression passengers receive of Wales. The Welsh Government-funded scheme, believed to be around £500k, will see a revamp of the inward-bound walkways and public areas of the airport.
£500k Revamp For Cardiff Airport
Cardiff Airport is to be refurbished to help improve the first impression passengers receive of Wales. The Welsh Government-funded scheme, believed to be around £500k, will see a revamp of the inward-bound walkways and public areas of the airport.
09 December 2008
Welsh Lib Dems Name Female Leader
Kirsty Williams has been named as the Welsh Liberal Democrats' new leader, making her the first female party leader in the country's Assembly Government. The Brecon and Radnorshire AM will replace Mike German after beating Cardiff Central AM Jenny Randerson, taking 60% of the vote.
Welsh Lib Dems Name Female Leader
Kirsty Williams has been named as the Welsh Liberal Democrats' new leader, making her the first female party leader in the country's Assembly Government. The Brecon and Radnorshire AM will replace Mike German after beating Cardiff Central AM Jenny Randerson, taking 60% of the vote.
29 June 2004
Globalisation is failing world's 700m poorest people, says UN
The economic benefits of globalisation are not filtering down to the most disadvantaged, and 700 million people in 50 of the world's poorest countries are being forced to choose between migration or poverty, senior UN officials have said.
Globalisation is failing world's 700m poorest people, says UN
The economic benefits of globalisation are not filtering down to the most disadvantaged, and 700 million people in 50 of the world's poorest countries are being forced to choose between migration or poverty, senior UN officials have said.
18 September 2003
Stranded Concorde cleared to leave Cardiff Airport
Following emergency repair work, a British Airways Concorde jet that was forced to land at Cardiff International Airport yesterday has been cleared for flight today. Engine problems, which developed after the supersonic jet left New York’s JFK airport yesterday afternoon, saw the aircraft diverted to Cardiff as a “precaution”.
Stranded Concorde cleared to leave Cardiff Airport
Following emergency repair work, a British Airways Concorde jet that was forced to land at Cardiff International Airport yesterday has been cleared for flight today. Engine problems, which developed after the supersonic jet left New York’s JFK airport yesterday afternoon, saw the aircraft diverted to Cardiff as a “precaution”.
02 June 2015
Manchester Airport Announces £1bn Expansion
A £1 billion ten year plan to redevelop Manchester Airport has been announced. Plans include to expand Terminal Two along with improvements to Terminal Three. It is understood a new security hall, increased self-service check-in facilities and additional stands for aircraft will be developed along with new shops and restaurants.
Manchester Airport Announces £1bn Expansion
A £1 billion ten year plan to redevelop Manchester Airport has been announced. Plans include to expand Terminal Two along with improvements to Terminal Three. It is understood a new security hall, increased self-service check-in facilities and additional stands for aircraft will be developed along with new shops and restaurants.
-
Northern Ireland WeatherThis Evening and Tonight:Rain clearing away east by early evening with some clear spells but a few showers likely to affect the North coast and other areas towards dawn, remaining breezy and mild overnight. Minimum temperature 9 °C.
