Welsh Government undertook appropriate due diligence for Cardiff Airport purchase

No

The Auditor General has today published his report on the Welsh Government’s acquisition and ownership of Cardiff Airport.

The report notes that, in the years before acquisition, the Welsh Government had become increasingly concerned about the Airport’s decline, despite efforts to provide support and latterly to improve its working relationship with the Airport’s owners. The Welsh Government considered that public sector ownership would give the Airport the stability and commitment that it needed to develop in the long term.