Ian McConnell: Huge developments for Scottish airports
It has been a big week for Scottish airports.
Last Monday, Prestwick Airport revealed that it had made a fifth consecutive annual profit.
This is particularly notable, given there has been no shortage of critics lining up to carp about the Scottish Government’s 2013 rescue of the airport and subsequent advancing of £43.4 million of loans.
The detractors might not want to hear this, but this looks like a good call indeed by the Scottish Government given the airport employs hundreds of people directly and supports thousands of jobs indirectly.
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Crucially, its continued operation is crucial to the large aerospace cluster which has grown up around the airport.
And now Prestwick Airport has delivered five consecutive years of profit.
Hopefully, given all this, some of the airport’s detractors might rethink their criticism of the Scottish Government for rescuing what is clearly a very important strategic asset.
Sadly, given much of this criticism is tied up in political and related ideology, we should not hold our breath waiting for people to put their hands up and say there were wrong.
The airport, known officially as Glasgow Prestwick Airport, last Monday announced a £3.2m operating profit for the year to March 31.
It described this as “a significant achievement that reflects the strength and resilience” of its “diverse business model”.
Last November,........
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