Aviation: Coronavirus

(asked on 26th May 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, how much financial support has been provided to (a) airports, (b) airlines and (c) the aviation supply chain in response to the covid-19 outbreak, to date.


Answered by
Kelly Tolhurst Portrait
Kelly Tolhurst
This question was answered on 9th June 2020

The Government recognises the challenging times facing the aviation sector as a result of COVID-19.

Businesses across the industry have been able to draw on the unprecedented package of economic measures put in place during this time by the Government. In addition the sector has been able to apply for the Bank of England’s Covid Corporate Finance Facility. However, if businesses across the sector find themselves in trouble as a result of coronavirus even following the Government’s cross-economy wage and financial interventions, the Transport Secretary and Chancellor have confirmed 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 need to represent value for money for taxpayers.

Businesses across the sector are eligible and have accessed these schemes which has protected a number of jobs across the industry. We do not comment on the commercial or financial matters of private firms and are therefore unable to say anything further at this stage.

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