HC Deb 19 November 1969 vol 791 c310W
51. Sir A. V. Harvey

asked the President of the Board of Trade what amount of compensation will be paid to British European Airways to allow the Corporation to operate BAC 111 series 500 and Trident 3B aircraft.

Mr. Goronwy Roberts

As the hon. Member will see by referring to the Air Corporations Act, 1969, £25 million of B.E.A's borrowings have been converted into a special account from which sums will be credited to the Corporation's revenue accounts over the four years to 1971–72. There is also provision, subject to the approval of the House, similarly to convert borrowings of up to £12½ million on 1st April, 1972, to support B.E.A's revenue accounts over the ensuing three years.