Aviation: Coronavirus

(asked on 1st May 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, if he will provide financial support for (a) airports and (b) airlines in return for shareholdings.


Answered by
Kelly Tolhurst Portrait
Kelly Tolhurst
This question was answered on 12th May 2020

The aviation sector is essential to the UK economy, and we encourage airports, airlines and other businesses in the sector to draw on the unprecedented package of measures we have made available to support them through this time. This includes schemes to raise capital, flexibilities with tax bills, and financial support for employees.

We have set out that the Government is prepared to enter discussions with individual companies seeking bespoke support as a last resort, having exhausted all other options. Any intervention would also be on commercial terms and need to represent value for money for taxpayers.

Reticulating Splines