HC Deb 17 December 1969 vol 793 c349W
Mr. Fortescue

asked the Minister of Technology if he will publish a table of the Government's financial contribution to, and recoveries from, civil aircraft and

GOVERNMENT FINANCIAL CONTRIBUTION TO, AND RECOVERIES FROM, CIVIL AIRCRAFT AND ENGINE DEVELOPMENTS (EXCLUDING CONCORDE PROJECT) SINCE 1959
Type Date of Contract Government Contribution Recoveries to date
Aircraft £ million £ million
Rotodyne 1960 2.70 (cancelled)
Trident 1 and 1E 1961 and 1964 7.250 0.505
VC10 and Super VC10 1961 and 1963 10.250 0.943
BAC1–11/200/300/400 1962 9.750 1.629
BAC1–11/500 1967 9.000(a)
Islander 1966 0.190 0.058
Islander (loan) 1966 and 1967 0.550 0.195(b)
Jetstream 1966 1.255 0.094
Trident 2E 1968 1.875
Trident 3B 1968 15.115 (c)
Herald (proving) 1961 0.855 (d) (net) 0.068
Argosy (proving) 1962 0.130
A300 European Airbus 1969 1.3 (e)
Aero-engines
Spey family 1962.1967 9.93 (f) 1.800
RB. 178 1964 and 1966 1.30
RB. 203 1968 2.18
RB. 207 1968 1.60 (cancelled)
RB. 211 1969 47.10 (g)
(a) Actual payment to date £8.7m.
(b) £100,000 principal repayment; £95,000 interest.
(c) Actual payment to date £6.8m.
(d) Net sum taking account of re-sale price of aircraft.
(e) Actual payment to date £1.027m.
(f) Actual payment to date £9.59m.
(g) Actual payment to date £27.3m.
Notes: The recoveries shown exclude receipts since 1959 from projects launched earlier.