29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Thank you. Could I ask a quick supplementary? What, if any, are the financial implications for the Welsh Government of the decision of the Welsh Government to discontinue the air link from Ynys Môn to Cardiff Airport?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Mike Hedges, have you concluded your questions?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Natasha.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Thank you. Have you finished, Mike?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Right. It's basically the ratio of, crudely, debt to assets, but it's a bit more complex. So, the size of the organisation—simply saying £400 million for a given place would be irrelevant if it was a huge organisation and that was only a tiny proportion of…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
That would be helpful, now and as we move forward. But, immediately and publicly, it would be helpful to know what the metrics themselves are. Gearing, as you indicate, is only one of them, although I remember from my days in commercial banking that gearing…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
That would be helpful.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Could you share those metrics with us?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Thank you. Albeit that the loans the company has are all through the Welsh Government itself, which is also the sole shareholder, is gearing the debt ratio a consideration for Welsh Government as lender and as shareholder material?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Thank you. Rhianon Passmore.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Thank you. Could I pass over to Rhys ab Owen?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Thank you. Well, as you know well, time is short. Members, I know, will be succinct in their questions; I'll ask you to be as succinct as possible in your answers. And I'm conscious that you have provided us with a lot of previous information regarding the…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
And Stephen Rowan.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Thank you. Jonathan Moody.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn dystolaeth gyda Llywodraeth Cymru
Croeso, pawb. Welcome, everybody, to the final session of this morning's meeting of the Public Accounts and Public Administration Committee, which will be with Welsh Government officials giving evidence on Cardiff Airport. So, welcome to the witnesses. Could…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Cynnig o dan Reol Sefydlog 17.42 i benderfynu gwahardd y cyhoedd o'r cyfarfod ar gyfer eitem 4
So, I propose that, in accordance with Standing Order 17.42(ix), the committee resolves to meet in private for item 5 of today's meeting. Are all Members content? Thank you very much indeed. I apologise to those who are in the gallery who've had to come in…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Okay. Thank you very much indeed. In relation to Rhys ab Owen's comments earlier, I remember the 1970s very well, but I won't go into it further. [Laughter.] Shall I say, from punk rock back to glitter rock and from the power cuts through to hyper inflation…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Thank you. Before we conclude this session, I've just got one final question, if I may, very briefly: what do you anticipate the estimated costs to you will be of the Welsh Government's decision not to continue with the intra-Wales air service from Ynys Môn…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Rhys, are you content?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Thank you. I'll just comment that, although I represent north Wales and have travelled from the airport only by bus or in someone else's car, I do receive your bulletins. So, I don't know why I should and Mike shouldn't, but there we are. I'm going to hand…
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Thank you. I'm going to hand over to Mike Hedges.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Thank you. Rhianon.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Okay, can I hand over to Natasha Asghar?
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Thank you very much.
29 Mehefin 2022 , Public Accounts and Public Administration Committee
Maes Awyr Caerdydd: Sesiwn Dystiolaeth gyda Maes Awyr Caerdydd
Is anybody else present who was party to that decision who can shed a light?
