Tees Valley Combined Authority: Finance

(asked on 2nd July 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether he has received a request from the Tees Valley Combined Authority for additional financial support in respect of the costs associated with Teesside Airport.


Answered by
Robert Courts Portrait
Robert Courts
Solicitor General (Attorney General's Office)
This question was answered on 7th July 2021

We do not comment on the commercial or financial matters of private firms, because this information is commercially sensitive.

The Government recognises the challenging circumstances facing the aviation industry because of Covid-19 and firms experiencing difficulties can draw upon the unprecedented package of measures announced by the Chancellor.

This support includes the Airport and Ground Operations Scheme which provides eligible commercial airports and ground operators support towards permitted fixed costs subject to certain conditions. These eligible businesses can claim based on the equivalent of their business rates liabilities, or COVID losses, whichever is lower.

The Scheme originally opened for applications on 29 January for the 2020/21 financial year. In the March Budget, the Chancellor announced a six month renewal to the scheme from 1 April 2021. The renewed scheme opened for applications on 28 May 2021. £86.9m was awarded in grants under the first round of AGOSS, of which £65.1m was awarded to commercial airports. Applications for support under the second round of AGOSS are currently being considered. We continue to take a flexible approach and keep all policies under review.

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