Question to the Department for Transport:
To ask the Secretary of State for Transport, with reference to Government advice against all but essential international travel, whether the Government has plans to support the outbound travel sector.
Aviation is an important sector for the UK’s economy and businesses across the industry will be able to draw on the unprecedented package of economic measures we have put in place during this time. This includes a Bank of England scheme for firms to raise capital, two business interruption loan guarantee schemes for different sizes of business, Time to Pay flexibilities with tax bills, financial support for employees and VAT deferrals.
If businesses across the sector find themselves in severe and urgent financial difficulties as a result of coronavirus, even following the government’s cross-economy wage and financial interventions, then we remain open to discussions about bespoke financial support but only as a last resort. Any such support must represent value to the tax payer.