Summary
THERE was growing uncertainty last night as to how the Scottish Executive would proceed with its plans to buy out the controversial [pounds]9.8m Inverness Airport PFI.
The terms of the deal, which was signed with a consortium led by the Noble Group in 1998, has meant that the more passengers the airport attracts, the more the publicly-owned Highlands and Islands Airports Ltd (HIAL) pays in PFI costs.See the full content of this document
Extract
Fears Over Cost of Airport Buyout Deal
Such fees are now thought to be near [pounds]2m a year.
Whe...See the full content of this document
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