HC Deb 17 February 1971 vol 811 c477W
150. Mr. Awdry

asked the Secretary of State for the Environment what progress has been made in connection with the sale of Skyways.

Mr. J. H. Osborn

asked the Secretary of State for the Environment whether he will now make a statement on the financing and operation of Skyways Limited.

Mr. Peyton

I understand that the receiver has now entered into a formal contract for the sale of Skyways' assets to Sterling Industrial Securities Limited, acting together with a consortium of members of the staff who intend to keep the airline in operation.