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This is Jersey >News> Current News>

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Airport steers course through turbulence

By Ben Quérée


AIRPORT profits have fallen dramatically since 2000, but are showing signs of recovery.

This year's surplus is estimated at £3.4m, compared to a 2000 figure of £5.7m, and the surplus is expected to hit £3.9m next year.

But Assistant Economic Development Minister Alan Maclean, who has responsibility for the Island's ports, says that the Airport should be treated as a strategic asset, not a revenue-raiser.

And he says that the States will have to fund £60m worth of capital work needed at the Airport over the next four years, including £30m to re-surface the runway.

'The Airport should not be viewed as a profit-making centre, returning profits to the States,' said Deputy Maclean.

'It should be viewed as a mechanism for bringing people into the Island - it is there for Jersey's economic and social prosperity.'



Published 16/08/07

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