Question reference: S6W-17995
- Date lodged: 16 May 2023
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Current status: Answered by Neil Gray on 30 May 2023
Question
To ask the Scottish Government what its position is on whether (a) retaining Glasgow Prestwick Airport in public ownership and control under Prestwick Aviation Holdings Limited is (i) in the public interest and (ii) the best way to realise the long-term economic and industrial development potential of the site and (b) the site is strategically important for the Scottish economy.
Answer
The Scottish Government intervened to secure the future of Glasgow Prestwick Airport when the business was under threat of closure. It was in the public interest to secure the continued operation of Glasgow Prestwick Airport as an asset of strategic importance to Scotland.
Glasgow Prestwick Airport has performed well in a highly competitive aviation market and is now a profitable business, however we remain committed to returning the airport to private ownership at the appropriate time. Any decision to sell Prestwick Airport must be informed by what is right for the long-term success of the business and it's contribution to the local and Scottish economy.
There is considerable potential for Glasgow Prestwick Airport to drive economic development as the anchor of an aerospace cluster in South Ayrshire. The Scottish Government will work with all relevant parties to make the most of this opportunity.