Question to the Department for Transport:
To ask the Secretary of State for Transport, with reference to the comments made by Minister for Covid Vaccine Deployment of 26 January 2021 advising people not to book overseas summer holidays, whether he has made an assessment of the potential merits of providing sector specific support for (a) airline companies and (b) other companies in the travel industry.
The Government recognises the challenging circumstances facing the aviation and travel industries as a result of Covid-19.
The travel sector can draw upon the unprecedented package of measures announced by the Chancellor, including schemes to raise capital and flexibilities with tax bills. We estimate that by the end of April 2021 the air transport sector (airlines, airports and related services) will have benefitted from around £7bn of government support since the start of the pandemic. The extension of Government-backed loans and furlough payments announced at the budget build on this and will help ensure this vital and vibrant part of the UK economy is ready to bounce back in the wake of the pandemic.
We are listening to sectors affected by Covid to understand their recovery horizons, as we roll out the vaccine.