HC Deb 21 July 1967 vol 750 c345W
Mr. Onslow

asked the President of the Board of Trade what was the average annual gross investment by British airlines in new aircraft and other equipment in 1965 and 1966; and what is the anticipated annual average for 1967 to 1969, inclusive.

Mr. Jay

Average annual gross investment by United Kingdom airlines in the United Kingdom in the financial years 1965–66 and 1966–67 is estimated to have been £49 million. It is estimated that in the years 1967–68 to 1969–70 investment might average about £90 million a year, but there are still some uncertainties.