§ Sir Thomas ArnoldTo ask the Secretary of State for Transport what is his policy on the ownership of Manchester airport.
§ Mr. NorrisIt is for the local authorities who own the airport to decide, taking into account the needs of those who live in the area and the customers who use the airport. Manchester airport has developed over the last decade into one of the major world airports. We understand the airport company has plans for substantial further development, including in particular a second runway and the second phase of the new terminal. In view of our desire to see more private sector participation in airport provision, supplementary credit approvals will not be granted for such development work. So if the owners wish to see the airport continue to develop, they will need to use their own resources or look to the private sector to fund major expansion, either through a joint venture or outright sale.