Taxpayer hit by new £130m bill for Cardiff Airport

Commenting on the Welsh Government’s latest statement on financial support for Cardiff Airport, Welsh Conservative Shadow Minister for Economy, Russell George MS said:

“The aviation sector has been badly hit by coronavirus and governments across the world are supporting the industry.

“However, the balance of support – including the writing off of millions of pounds of taxpayers cash already invested by Labour ministers before the pandemic even hit – will be rightly questioned when thousands of small businesses in Wales are crying out for more help.

“Small firms desperately need support to help protect jobs but Labour ministers only seem to be interested in bailing out their wholly-owned enterprise – and today Welsh taxpayers have taken a new hit to the tune of over £130m.  

“Labour’s statement provides no picture of what the plans are for the airport, nor a timeline of when the quoted ‘restructuring’ will be completed. Welsh Conservatives have outlined a plan for Cardiff Airport, and repeatedly made the case for a roadmap to recovery that takes in all business sectors, not just Labour’s pet projects.

“It’s time Labour listened.”