102. Air Commodore Harvey
asked the Parliamentary Secretary to the Ministry of Civil Aviation on what financial basis are the Solent flying boats supplied to the British Overseas Air Corporation.
§ Mr. Beswick
The aircraft are hired at a rate which is designed to cover the capital cost, together with interest on capital, spread over the normal life of the aircraft. The contract is between British Overseas Airways Corporation and my Department, and I regret that I was to that extent inaccurate in my answer to a supplementary question of the hon. Member for Inverness (Lord Malcolm Douglas-Hamilton) on 19th July.