§ Mr. Woolmerasked the Secretary of State for Trade how much public money has been granted or loaned to British Airways, and for what purposes, in each of the last five years.
§ Mr. Sproat[pursuant to his reply, 22 February 1982, c. 265.]: The support given by the Government to British
British Airways Finances 1976–77 to 1980–81 (£ million) 1976–77 1977–78 1978–79 1979–80 1980–81 Five year total Repayments of NLF loans by BA (25) (23) (15) (6) (6) (75) NLF loans outstanding 31-March 84 61 46 40 34 NLF interest payments (9.5) (7.6) (5.9) (4.9) (4.2) (32.1) PDC payments to BA 10 10 10 10 10 50 PDC cancelled 160 160 PDC value—31 March 290 300 310 320 170 PDC dividend paid by BA (net of ACT) (11) — (15) (7) — (49) plus special dividend payment of (16) Capital borrowings other than NLF-balance 31 March 138 157 179 329 637 Lease finance—balance 31 March — 79 112 124 111