Cardiff Airport is sold to the Welsh government for £52m

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Troubled Cardiff Airport has been sold to the Welsh government for £52m.

First Minister Carwyn Jones said it would not be operated by the government and would be managed "at arm's length" and "on a commercial basis".

Mr Jones has been critical of the airport after a slump in passenger numbers from a peak of two million in 2007 to just over one million in 2012.

Rival airport Bristol raised concerns that Cardiff would unfairly benefit from state support.
http://www.bbc.co.uk/news/uk-wales-21952079