HC Deb 18 January 1971 vol 809 cc194-5W
Mr. Leslie Huckfield

asked the Secretary of State for Trade and Industry whether he will adjust the financial target set for British Overseas Airways Corporation in the light of the future loss of routes to West Africa.

Mr. Anthony Grant

I am extending B.O.A.C.s former objective to achieve an average return on net assets of 12½ per cent. over the four years April, 1966, to March, 1970, to cover the six years April, 1966, to March, 1972. This decision takes account of the effect of the transfer of West African routes among other relevant factors.