Wales’s transport minister, Ken Skates AM, said the grant would support a five-year rescue, restructure, and recovery plan for the country’s main international airport.
Skates said the investment recognised the airport’s role as a vital gateway for businesses, tourists and travellers.
"It is vital for Wales’s economic development that we have strong international connectivity to and from Wales, as well as a welcoming open door for tourism," said Skates.
The Welsh government purchased the airport in 2013 to safeguard the country’s infrastructure, and has been operating it "at an arm’s length on a commercial basis".
