Aviation: Finance

(asked on 2nd December 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, if he will publish any impact assessment on the Government's decision to provide financial support to the aviation industry but not to the international sector.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 7th December 2020

The Government has been engaging closely with transport providers across the UK since the outbreak of Covid-19 earlier this year to understand and monitor the impact and will continue to do so.

Companies across the UK economy, including those in the transport sector, are able to draw on an unprecedented package of support including the Bank of England’s Coronavirus Corporate Financing Facility, the Coronavirus Job Retention Scheme, two business interruption loan schemes and flexibilities with tax bills.

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