Will the Minister confirm how much money has been spent/made available to Cardiff Airport by the Welsh Government since its purchase, including purchase price, professional fees, loan amounts, and any other expenditure associated with the airport holding company?
The published accounts of the Airport Holding Company can be found at https://beta.companieshouse.gov.uk/company/08455972/filing-history.
There is a Wales Audit Office report published earlier this year, which clearly sets out the purchase price, professional fees associated with the purchase, and the loan amounts. The report can be found at http://www.audit.wales/publication/welsh-government-acquisition-and-ownership-cardiff-airport . This information is also reflected in a Public Accounts Committee report published in March 2016.
Grant funding has been offered to Cardiff International Airport Ltd (CIAL) as de minimis aid to support its regulatory compliance requirements in relation to safety and security. The funding has not yet be drawn down by CIAL, but the amount is below the de minimis threshold (€200,000).