§ Mr. Malins
To ask the Secretary of State for Transport if he will make a statement on the war risk re-insurance he has been providing for British aircraft under the Marine and Aviation (War Risks) Act 1952.
§ Mr. Rifkind
Copies of agreements concluded under section 1 of the Marine and Aviation (War Risks) Act 1952, covering aircraft owned by British Airways plc and Magec Aviation Ltd. have been laid before each House of Parliament. The agreement in respect of British Airways facilitated the maintenance of scheduled flights to the Gulf area before and during the recent hostilities. With the improvement in the situation in the Gulf, it is no longer necessary for the Government to reinsure aircraft, and the two agreements were accordingly terminated on 5 March. No claims have arisen in respect of aircraft reinsured.