Air Corporations (Profits and Losses) (Hansard, 10 March 1966)

HC Deb 10 March 1966 vol 725 c630W 630W

§ Mr. Alison
asked the Minister of Aviation what were the profits or losses in each of the last 10 years, after depreciation but before tax, of the nationalised industries for which he is responsible.

§ Mr. Mulley
The results shown in B.O.A.C.'s and B.E.A.'s published profit and loss accounts, after interest and depreciation, in each of the last 10 years, are as follows:

B.O.A.C B.E.A.

£m. £m.

1955–56 +0.9 +0.6

1956–57 −0.4 +0.2

1957–58 −3.5 +0.6

1958–59 −11.6 +0.2

1959–60 −0.5 +2.1

1960–61 −2.0 +1.5

1961–62 −50.1 −1.5

1962–63 −12.9 −1.0

1963–64 −10.4 +3.0

1964–65 +8.0 +1.3

	B.O.A.C	B.E.A.
	£m.	£m.
1955–56	+0.9	+0.6
1956–57	−0.4	+0.2
1957–58	−3.5	+0.6
1958–59	−11.6	+0.2
1959–60	−0.5	+2.1
1960–61	−2.0	+1.5
1961–62	−50.1	−1.5
1962–63	−12.9	−1.0
1963–64	−10.4	+3.0
1964–65	+8.0	+1.3