Prestwick continues to cost taxpayers after £4m loss

Prestwick Airport. Picture: John Devlin
Prestwick Airport. Picture: John Devlin
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Glasgow Prestwick Airport has continued to shed taxpayers money, with the facility sustaining a £4 million loss.

The Scottish Government-owned hub recorded the group operating loss for the year 2016-17.

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The deficit was a slight improvement on the previous financial year when Prestwick lost £4.7m.

The transport hub yesterday announced its turnover for 2016-17 had risen by 18.3 per cent, climbing from £11.5m to £13.6m.

The increase coincided with airport movements growing by 8.2 per cent.

A total of 25,891 flights passed through Prestwick for the financial year.

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Improved passenger numbers were also reported across the period, with 678,886 people using the airport in the year to 31 March – an increase of 8 per cent on the previous year.

Glasgow Prestwick Airport chairman Andrew Miller said: “Financial performance has started to improve with 2016-17 seeing progress and visible upturns across the business. While we have a diverse revenue base and operate in a highly competitive market, our overall turnover has increased.

“Glasgow Prestwick Airport is an important strategic asset for Scotland and we need to ensure there is capacity here to grow.”