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£52m Cardiff airport buyout by Welsh government

27 March 2013 Last updated at 19:37 GMT

The Welsh government has agreed a £52m deal to buy Cardiff International Airport.

But First Minister Carwyn Jones said it would not be operated by the government and would be managed "at arm's length" and "on a commercial basis".

Rival airport Bristol has raised concerns that Cardiff would unfairly benefit from state support.

BBC Wales' business correspondent Nick Servini told Wales Today that now the real work started.

Government buys airport for £52m