In the Herald today:
Executives at nationalised Prestwick Airport are expecting continued multi-million pound public money support to keep it in existence while public spending auditors said it is not clear that government intervention has provided value for the taxpayer pound.https://www.heraldscotland.com/news/homenews/23263791.prestwick-airport-needs-taxpayer-millions-remain-existence/
Yet, according to BBC Scotland Business in November 2022:
The Scottish government-owned airport saw fuel sales return to pre-pandemic levels in the year to 31 March, boosted by “strong” military aircraft movements.
Sales of fuel over the year nearly doubled to reach 36 million litres.
They accounted for £13m of its £16m year-on-year rise in revenue, which reached £35m.
Operating profit for 2021-22, before exceptional items, stood at £1.9m, while overall profit was £1.2m.
The airport also recorded growth in cargo and passenger figures.
Cargo volumes were up 38% year-on-year, peaking at more than 18,000 tonnes, while passenger numbers rose over the year from 47,000 to 118,000.
The Scottish government took the airport into public ownership in 2013 and financially supports the business through the provision of long-term loan finance.
Its outstanding balance, as of 31 March 2022, was £43.4m.
Airport operator TS Prestwick Holdco Ltd, which has not drawn down funds for more than three years, said in its annual accounts that it did not expect to require any additional loan support in the next 12 months.https://www.bbc.co.uk/news/uk-scotland-scotland-business-63660334
And from the Daily Record on 12 January 2023:
Prestwick Airport has launched a summer 2023 recruitment drive.
Ahead of the busy holiday season the Ayrshire airport is on the hunt for new staff to fill a series of roles.
The base is looking to fill positions in roles including baggage handlers, ground security operatives and passenger service agents.
Bosses at Glasgow Prestwick Airport are seeking ‘hardworking and motivated’ people to join their team as they predict another flight boom this year.
The jobs are being advertised as fixed term roles, with the airport announcing they are on a “steady journey of growth,” as they launched their latest recruitment drive.https://www.dailyrecord.co.uk/ayrshire/prestwick-airport-launches-summer-jobs-28927976