Cardiff Airport

[pomeroy]

Cardiff Airport officially determined by the CAA to be the second fastest growing airport in the UK!

[Tuerto]

Re: Cardiff Airport

Cardiff Airport officially determined by the CAA to be the second fastest growing airport in the UK!

A round of Applause for Mark Drakeford is order.Money well spent.

[ToTaL ITK]

Re: Cardiff Airport

how many terminals does it have now 3,4?

[Sparticus_Mills]

Re: Cardiff Airport

I still say they should have built it at Tremorfa Park.

[splott parker]

Re: Cardiff Airport

I still say they should have built it at Tremorfa Park.

The ‘Buns football side play there, they’re shit in the air!

[Canton Kev]

Re: Cardiff Airport

If I recall it’s passenger numbers were rising year after year right before Covid for something like 6 years in a row.

[NYCBlue]

Re: Cardiff Airport

Four weekly flights from Canada too. I'm hoping to take advantage of that.

[TheBirchgrovePub]

Re: Cardiff Airport

Needs budget flights to different parts of Europe to really get it going. One day maybe

[BLUETIT]

Re: Cardiff Airport

I still say they should have built it at Tremorfa Park.

The landing strips were already there

[Sparticus_Mills]

Re: Cardiff Airport

The landing strips were already there

I remember reading somewhere that what was RAF Pengam Moors during WWII, was briefly consider as a location for a new commercial airport post war, which eventually ended up being in Roose.

[BLUETIT]

Re: Cardiff Airport

I remember reading somewhere that what was RAF Pengam Moors during WWII, was briefly consider as a location for a new commercial airport post war, which eventually ended up being in Roose.

The approach road is named after him .

https://en.wikipedia.org/wiki/Ernest_Willows

[Dorcus]

Re: Cardiff Airport

A round of Applause for Mark Drakeford is order.Money well spent.

Yes well done Mark 👍

[Hilts]

Re: Cardiff Airport

Well done Mark. 👍

[Bluebird Karen]

Re: Cardiff Airport

Yes well done Mark 👍

I don’t think as usual you have thought this through.

Cardiff Airport is not profitable in conventional terms and consistently reports pre-tax financial losses. While the airport records positive EBITDA in some periods, this excludes substantial costs like depreciation and relies on multi-million pound government grants and subsidies.

The airport's financial performance can be understood via the following details:Operating Results: In its last reported financial year, the airport posted an EBITDA of £5.7m. However, when factoring in an £11.8m Welsh Government post-Covid recovery grant, this performance slipped into a deficit.Pre-Tax Losses: The airport continues to accumulate pre-tax losses, totaling around £60m since its acquisition, even after utilizing millions in government subsidies.Government Investment:

Wholly owned by the Welsh Government, the facility has absorbed substantial taxpayer funding. A £205 million subsidy package was legally secured to support operations and secure the travel hub's future.

Bristol has 17m passengers per annum.

First Minister Mark Drakeford also scrapped the proposed £1.6 billion M4 Relief Road in 2019, ultimately wasting approximately £135 million to £157 million of public funds on aborted planning, public inquiries, and compulsory land and property purchases.