§ 76. Sir W. Wakefield
asked the Minister of Transport and Civil Aviation how much of the capital required by British Overseas Airways Corporation, since it was nationalised, has been provided by British Overseas Airways Corporation itself; and how much has been provided out of public funds.
§ Mr. Watkinson
Between 1st April, 1946, and 31st March, 1957, British Overseas Airways Corporation's capital expenditure totalled £140,500,000. Of this sum, £56,000,000 was provided from internal sources. £63,750,000 was raised by issues of stock to the National Debt 149W Commissioners with Treasury guarantee, £9,900,000 by advances from the Exchequer and £10,800,000 by bank loan.