British European Airways (Borrowings)

HC Deb 04 March 1965 vol 707 c308W

Mr. Marten

asked the Minister of Aviation what are the current borrowings and Exchequer advances of British European Airways; and what this money yields net to the Exchequer.

Mr. Roy Jenkins

The current borrowings of British European Airways including Exchequer advances amount to £88 million. The net yearly interest paid to the Exchequer is about £4½ million.