William Smith's managing director, Robert Sinclair, described the move as a positive development.

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After hearing of the sale, Bristol Airport chief executive Robert Sinclair was sceptical that government involvement would be "arm's length".

BBC: Cardiff Airport is sold to the Welsh government for ?52m

"There is a lot of gasoline infrastructure in New Jersey, " says AAA spokesman Robert Sinclair, who also notes the presence of many refineries in the South.

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Managing director Robert Sinclair said no viable alternatives to the closure of the business had been identified and they had not been able to sell the business as a going concern.

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That's all well and good says Robert Sinclair, who as Chief Executive Officer of Bristol Airport has been watching events in Wales closely and landing a few choice comments along the way.

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Robert Sinclair, chief executive officer at Bristol Airport, said they welcomed the mayor's support for fair competition on a level playing field and his comments on the dangers of "special deals on taxation".

BBC: Bristol Airport flies more Welsh passengers than Cardiff