Executives at nationalised Prestwick Airport are expecting continued multi-million pound public money support to keep it in existence.
EXECUTIVES at nationalised Prestwick Airport are expecting continued multi-million pound public money support to keep it in existence while public spending auditors said it is not clear that government intervention has provided value for the taxpayer pound.
It comes as the Auditor General Stephen Boyle told MSPs that there needed to be"improved transparency" around investments made by ministers in private companies. He told the Public Audit Committee:"We don't have detailed insight over what comes next [with Prestwick Airport]. We know that there had been discussions to find a buyer but that has not yet come to fruition.
Then deputy first minister Nicola Sturgeon said the deal would help protect the airport and the 1400 jobs it supported and that work would begin for"turning Prestwick around and making it a viable enterprise".
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