Part of 1. Questions to the First Minister – in the Senedd at 2:18 pm on 11 December 2018.
First of all, the purchase of the airport was, if I remember rightly, £52 million, and then, of course, there has been a series of loans that have been made available to the airport. That money is not lost. My intention always was that the airport would increase in value, and it has, well beyond the purchase price that we paid. And there would come a point when private equity would then get involved. It's difficult to see a situation where the Welsh Government didn't have a golden share in any company but, certainly, we'd welcome private investment coming in to help the airport to develop. The question has always been when. When I spoke to Qatar Airways at the start of the year, I asked the view of their chief executive. His view at that point was, 'Well, don't do it yet.' There's still time for the airport to build up, but there'll come a time when looking for private partners will become part of the airport's future.
It's got an exciting future, and the one thing, again, I used to be asked was, 'Does Wales have an international airport?' I know it's in the south, and I know that people in the north of Wales are not going to use Cardiff very much, but it was hugely important symbolically that we had an international airport. That did not mean that we should take on board something that was a basket case that was never going to work, but we've seen with all the flights coming into Cardiff now, with the refurbishment of the airport, that we now have an airport in south Wales that we can be proud of. And if Rhodri was right in terms of judging me on my performance on the airport then I can only be content.