Birmingham puts millions on the table to bring back New York flights
Are BRS likely to go after BHX on this too?
Are BRS likely to go after BHX on this too?
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Ah yes the same multi billion dollar Canadian teachers pension pot that also used to own BRS.Best of luck with that if they did.BHX although minority owned by by seven regional councils is majority owned by commercial concerns and operates as such and does not receive government money.
They sold out last year to Macquarie Asset Maagment an investment group who bought into BRS at the same time and own LCYAh yes the same multi billion dollar Canadian teachers pension pot that also used to own BRS.
Maybe they’ll let that one slip…![]()
I suspect it all depends on what the ruling could be in whether such subsidy of routes would be allowed. Bristol beef is with Cardiff so I don't see them going after BHX but I suspect any airport/institution would have to look as to whether they can do such a subsidy or not again post any ruling.They sold out last year to Macquarie Asset Maagment an investment group who bought into BRS at the same time and own LCY
BHX operates as a private company under the name of Birmingham Airport Holdings and raises any funds required capital spending etc on the commercial markets.
To be clear I am not having a dig at Cardiff in anyway just pointing out that BRS woud be crazy challenge BHX on subsidy grounds. The Cardiff/ South Wales area is a chronicly underserved region in aviation terms.
The difference with Cardiff is that if it was to seek such money on the commercial markets it would be taken off the Welsh government grant block.LCY
BHX operates as a private company under the name of Birmingham Airport Holdings and raises any funds required capital spending etc on the commercial markets.
Yet more perfect journalism from Wales Online…![]()
'Wales plans to give Cardiff Airport a £71.50 subsidy for every new passenger'
Welsh Government plans to provide a £205.2m subsidy to Cardiff Airport has been legally challenged by Bristol Airportwww.walesonline.co.uk
In his haste to release the article Sion Barry has forgotten where BRS actually is but it’ll be interesting to read comments justifying the cost of each passenger.
Every passenger though is contributing to Wales economy. They're spending money in Wales supporting Welsh jobs and that's fundamentally the whole point of the continued investment by the Welsh government its economic and a lot of the money isn't earmarked to go into the passenger operation it's to invest into the non passenger side like MRO and cargo.![]()
'Wales plans to give Cardiff Airport a £71.50 subsidy for every new passenger'
Welsh Government plans to provide a £205.2m subsidy to Cardiff Airport has been legally challenged by Bristol Airportwww.walesonline.co.uk
In his haste to release the article Sion Barry has forgotten where BRS actually is but it’ll be interesting to read comments justifying the cost of each passenger.
New CAVC college for ICAT apparentlyAnyone know what the building under construction on the roundabout at the entrance to the airport is for?
Thanks!New CAVC college for ICAT apparently
That’s a deviation from what the legal challenge BRS actually is though. Cardiff is investing £200million to distort the market, because without this public subsidy to distort the market they cannot apparently achieve their aims of growing the number of routes that apparently will contribute directly to the Welsh economy. It’s not a private sector company doing this, because if it was it wouldn’t be litigious.Ah yes the same multi billion dollar Canadian teachers pension pot that also used to own BRS.
Maybe they’ll let that one slip…![]()
The Welsh government will no doubt argue though that the problem with Bristol is that it is not an airport in Wales it's in England. That's part of the challenge. Wales government will always want to promote people being able to travel to and from Wales directly as much as possible without having to go via England as people spending money in Wales contribute to Wales economy rather than England's.Bristol’s argument might be that they can sustainably offer these services without heavy subsidy but Cardiff doing so muddies the waters.
It’s like a broken record. It’s the same thing round and round and round! My father used to tell me that if you say something enough times you start to believe it’s true even though you know it’s false!!The Welsh government will no doubt argue though that the problem with Bristol is that it is not an airport in Wales it's in England. That's part of the challenge. Wales government will always want to promote people being able to travel to and from Wales directly as much as possible without having to go via England as people spending money in Wales contribute to Wales economy rather than England's.
Just because you don't like what the Welsh government say or believe doesn't mean its false. Bristol is not an airport that is in Wales, it is not a Welsh airport. Cardiff is and is Wales only airport as well. Wales own government is always going to look to promote people to travel directly to Wales, to spend their money in Wales, for business people to be able to travel to and from Wales directly and will want as many routes as feasible to enable that whether they own the airport or not and will look to invest in it for the economic benefit it believes it gives Wales and the Vale of Glamorgan. You can scorn that and call it a vanity project as much as you like but that's the reality even the Tories and Reform don't want to close it.It’s like a broken record. It’s the same thing round and round and round! My father used to tell me that if you say something enough times you start to believe it’s true even though you know it’s false!!
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