Greater Manchester's 10 councils have been warned they might not receive any dividend from their ownership of an airport group until 2027 because of Covid, a council leader has said.
Neil Emmott, leader of Rochdale Council, said it was a "serious blow" as the payment had been a "lifeline".
Manchester Airport Group (MAG) last paid dividends in 2019, sharing £110m amongst its shareholders.
The BBC has approached MAG for a comment.
MAG, which owns Manchester, East Midlands and London Stansted airports, is
privately managed on behalf of its shareholder.[/size]
IFM Investors and Manchester City Council have an equal shareholding of 35.5% while the nine other Greater Manchester councils - including Rochdale - own a combined total of 29%.
