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Aviation: Coronavirus

Question for Department for Transport

UIN HL8192, tabled on 16 September 2020

To ask Her Majesty's Government how much financial support they plan to provide to the aviation industry in the UK to support that industry during the COVID-19 pandemic; and how they calculated the amount of such support required.

Answered on

30 September 2020

The aviation sector is crucial to the UK’s economy and businesses across the industry are able to draw on the unprecedented package of economic measures we have put in place during this time. This includes a Bank of England Covid Corporate Financing Facility scheme and the job retention scheme, both of which have been used by the aviation sector.

In exceptional circumstances, where a viable company has exhausted all options and its failure would disproportionately harm the economy, the Chancellor has made clear, the Government may consider bespoke support on a ‘last resort’ basis. We will notify Parliament of the spend incurred as a result of any deal.