Airbus: Government Assistance

(asked on 7th July 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, on what day he held discussions with representative from AirBus on safeguarding jobs in that company; and what support the Government has provided to that company during the covid-19 outbreak.


Answered by
Nadhim Zahawi Portrait
Nadhim Zahawi
This question was answered on 15th July 2020

The Government regular meets with Airbus to discuss a wide range of business issues. Details of meetings held by Ministers in the Department are recorded in our transparency data, which is published at: https://www.gov.uk/government/collections/beis-ministerial-gifts-hospitality-travel-and-meetings.

Airbus is benefiting from the Government’s £300 billion Covid-19 business support package, which includes the Coronavirus Job Retention Scheme. Aerospace companies, such as Airbus, are also benefiting from over £6.25 billion of through the Bank of England’s Covid Corporate Financing Facility, as well as our grants for research and development, and through UK Export Finance over the next 18 months.

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