HC Deb 09 February 1994 vol 237 cc341-2W
Mr. Norman Hogg

To ask the Secretary of State for Scotland what was the sum realised from the sale of Cumbernauld airport.

Mr. Stewart

The airport was advertised for sale by Cumbernauld development corporation in 1993. Two formal offers were received and the development corporation sold the airport at a price of £71,000 to the existing operator and sitting tenant. The new owner is legally bound for the next 10 years to repay to the corporation any financial gains achieved from a change in use of the airport or 50 per cent. of any financial gains if the new owner extends at his cost the runway within five

£ million
1988–89 1989–90 1990–91 1991–92 1992–93
Berwickshire 1.264 0.860 0.705 0.824 0.988
Ettrick and Lauderdale 1.686 1.631 1.020 0.936 1.018
Roxburgh 2.225 1.626 1.184 1.401 1.260

years from the date of sale. These conditions are intended to ensure that the new owner continues to operate and develop the airport for the benefit of the Cumbernauld area.

Mr. Norman Hogg

To ask the Secretary of State for Scotland what was the total cost of constructing Cumbernauld airport.

Mr. Stewart

A grass-surfaced airstrip was constructed by Cumbernauld development corporation in the 1950s. Information about the costs of construction and minor improvements in the period to 1986 could be obtained only at disproportionate cost. In 1987 the corporation constructed an asphalt runway, apron and taxi-ways, hangarage and terminal buildings at a cost of £2.27 million, £0.97 million of which was provided by the European regional development fund.