Covid-19: Transport

Florence Eshalomi Excerpts

Tuesday 12th May 2020 Commons Chamber

[Mr Deputy Speaker (Mr Nigel Evans)]

I am afraid that we are down to the last two Members now, and I have added a bit of time on because one question was way too long.

[Florence Eshalomi (Vauxhall) (Lab/Co-op) [V]]

Many of my constituents in Vauxhall work for BA. They are hard-working staff who have given years of service to the airline, including my constituent, Stephen, who has worked for BA for 31 years. He mentioned to me in an email that he despairs at the thought of losing everything from 15 June—not just the possibility of losing his home and his job, but everything. My constituent is concerned that BA has in the region of £10 billion cash reserves. That is very worrying and I share my constituent’s concerns. It is unacceptable that staff are being laid off. What assessment has the Secretary of State made of the resilience of airlines and their finances?

[Grant Shapps]

This goes right to the point I was making earlier: it is very important that our response to this achieves the right balance between taxpayer involvement and protecting the workforces while recognising that there is likely to be a change in aviation—certainly in the short and medium term, but we hope not in the long term. We must ensure that the shareholders and businesses are doing their bit. To answer the question directly, I have almost daily dealings on this, looking at what everyone is doing. I have daily situation reports and very frequent conversations with the sector and individuals, as does my aviation Minister, the Under-Secretary of State for Transport, my hon. Friend the Member for Rochester and Strood (Kelly Tolhurst), and we will continue to do so to protect constituents who have worked hard for British Airways and other companies over the years, and to make sure that a support package is in place for them.