HC Deb 11 December 1968 vol 775 cc419-20
6. Mr. Onslow

asked the President of the Board of Trade whether he will now make a statement setting out the basis of calculation of the compensation to be paid to British European Airways on purchase of Trident 3-B aircraft.

Mr. William Rodgers

My right hon. Friend will be making a full statement about financial aid for B.E.A. when we introduce the necessary legislation.

Mr. Onslow

Does the hon. Gentleman agree, as his Department told Flight that Parliament is entitled to ask for the necessary explanation, and the necessary explanation will no doubt be given?

Mr. Rodgers

I am sure that Parliament is entitled to ask for information about the calculations upon which the decision to make this financial aid available was based.

Mr. Rankin

In view of the question which has just been asked, can my hon. Friend assure us that the £25 million which have been promised as compensation payable over four years still stands?

Mr. Rodgers

It certainly still stands.