§ 18. Mr. Urwinasked the Secretary of State for Trade and Industry what estimate he has made of Government investment in industrial development under the Local Employment Acts for each completed quarter from March, 1970; and what are the separate regional figures.
§ Mr. Anthony GrantFollowing is the information:
jobs were likely to arise when these projects are fully manned.
46. Mr. Bob Brownasked the Secretary of State for Trade and Industry how many industrial development certificates were issued for the Newcastle-upon-Tyne, West, constituency, for Tyneside and for the Northern Region, respectively, during the last 12 months and the comparable figures for the previous 12 months.
§ Mr. Anthony GrantThe following is the information:
now expects Concorde to enter airline service.
§ Mr. CorfieldThe manufacturers are at present reviewing the overall programme with the object of achieving the 239W earliest target date for entry into airline service.
§ 63. Mr. Loughlinasked the Secretary of State for Trade and Industry if he will make a further statement on the future of Concorde with particular reference to the total cost of the project to date, the share of such costs borne by Her Majesty's Government, the number of provisional orders or options entered into, and the number of cancellations of such orders or options; and what is his policy regarding requests from the British Overseas Airways Corporation for capital sanction to purchase these aircraft.
§ Mr. CorfieldExpenditure on Concorde to 30th June, 1971, totalled about £550 million on development and £20 million on current production. The share borne by the United Kingdom Government was £290 million and £10 million, respectively. Options, none of which has been cancelled, have been taken on 74 Concordes. Request from B.O.A.C. for capital sanction to purchase Concorde will be considered in the normal way.
§ 87. Mr. Loughlinasked the Secretary of State for Trade and Industry if he will state the revised pay load of the Concorde aircraft for it to be an economic proposition in the light of present projected operational costs; and what level of fares he estimates would be required to make it commercially viable.
§ Mr. CorfieldSince 1964 Concorde's target payload has remained at 20,000 lbs. between Paris and New York on entry into service, rising to 25,000 lbs. on the same route after two years. The level of fares is for airlines to decide in the light of their commercial judgment of how Concorde can most profitably be operated.