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Liverpool City Region Combined Authority Approves £34 million loan to Liverpool Airport
Liverpool City Region Combined Authority has approved the provision of a loan of £34million to Liverpool Airport to provide stability for the Airport during the Covid-19 recovery period.
Along with the wider aviation sector, the Covid-19 pandemic means that the Airport has experienced a material adverse effect on its business.
The Airport is a vital strategic infrastructure asset for the City Region, supporting an estimated 6,000 local jobs, providing £250m per annum in economic impact and is an important facility for City Region residents.
Metro Mayor Steve Rotheram said:
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