HC Deb 06 December 1968 vol 774 c596W
Mr. Edward Lyons

asked the President of the Board of Trade whether he has approved the purchase by the British Overseas Airways Corporation of a Boeing 707 aircraft formerly used by British Eagle International Airlines.

Mr. Crosland

Yes. A likely shortage in B.O.A.C.'s passenger capacity over the next few years, on routes for which this type of aircraft is well suited, has recently become apparent; and B.O.A.C. sought my approval to their taking the opportunity to buy, for delivery early next year, a Boeing 707 from a United Kingdom financial institution which had previously leased this aircraft to British Eagle. The cost of about £4 million will be fully offset by reductions to be made elsewhere in B.O.A.C.'s approved investment programmes for this year and next. No additional public expenditure will therefore be involved.