§ Mr. Lubbockasked the Minister of Aviation what arrangements have been made for tie recovery of development costs borne by the Exchequer in respect of the Concord airliner on future sales of aircraft.
§ Mr. AmeryIt is our intention to make suitable arrangements in due course for Government participation in the proceeds of sales. Discussions with the French Government and with the British firms concerned about the nature of these arrangements are in progress.
§ Mr. Lubbockasked the Minister of Aviation if the Government's share of development costs on the Concord will be decreased by the amounts paid to the British Aircraft Corporation by airlines as deposits on orders placed for this aircraft.
§ Mr. AmeryUnder the agreements entered into by various airlines with B.A.C. and Sud Aviation these payments are not contributions to development costs, but initial instalments towards the purchase price of the aircraft. They will therefore be covered by the arrangements for Govern Went participation in the proceeds of sales.