Issue details

Manchester Airport - Strategic Investment - Shareholder Loans

To give effect to the Executive’s previous ‘in principle’ decision.  The airport transformation programme that the loans are supporting should enable the future anticipated dividend rates to be paid.  Without the capital investment there is a very real risk that the level of dividend payable will reduce considerably in future years.  In 2017/18 £2.60m of airport dividend is supporting the revenue budget

 

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 11/07/2018

Decision due: 4 Jul 2018 by Chief Executive

Lead director: Chief Executive

Contact: Jill Colbert, Acting Chief Executive Email: jill.colbert@trafford.gov.uk.

Decisions