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Labour has responded to plans set out by the Welsh Conservatives to boost the fortunes of Cardiff Airport with a view to re-privatising it by saying that the decision to accept the airport's public ownership is a 'welcome u-turn.'
The Welsh Government has responded to the Welsh Conservatives' plans to pay back the money they say every taxpayer has invested in Cardiff Airport.
In order to fulfil their pledge to re-privatise Cardiff Airport, the Welsh Conservatives are to unveil a 'blueprint' for improving the number of passengers and routes on offer. The plan includes the following steps:
- Establish a new ‘Airlines’ Director’ to attract new airlines to the airport
- Devolve Air Passenger Duty to Wales and then reduce rates to improve competitiveness
- Better marketing overseas
- Improve public transport links to the airport and plan long-term road improvements
- Boost freight through the airport by offering competitive rates to businesses
The Welsh Conservatives say they'd give back to every taxpayer in Wales the money which was spent by the Welsh Government on their behalf buying Cardiff Airport plus a share of any profits made. The party will set out a long-term plan to 'double the value' of the airport before re-privatising it.
The Tories say that profits from the sale would then be divided between spending on infrastructure and the planned payout which would amount to £38.50 'invested' in the airport by each taxpayer plus a share of the profits.