Written Statement: The Competition & Markets Authority assessment of the Welsh Government’s proposed long term strategy for Cardiff Airport

On 22^nd July 2024, the then Cabinet Secretary for Economy, Transport and North Wales issued a statement which set out the Welsh Government’s proposed future strategy for Cardiff Airport. The statement can be found here: 

https://www.gov.wales/written-statement-cardiff-wales-airport-long-term-strategy

Since then, in line with due process for proposals of this nature, the Welsh Government formally referred its proposed investment package to the Competition & Markets Authority (CMA) on 15^th August 2024. It is expected that the CMA will publish its assessment of the package today (2^nd October 2024).

We will take the time necessary to give full consideration to the CMA’s assessment and determine if we need to refine our proposed programme of investment on the basis of that assessment.

I will update the Senedd in due course once we have decided on the best way forward. Until then, the Welsh Government will not be commenting further on the proposed subsidy package.