§ Mr. William Edwardsasked the President of the Board of Trade, whether he will make a statement about further purchases of Boeing 707's by the British Overseas Airways Corporation.
§ Mr. CroslandB.O.A.C. is ordering, with my approval, two further Boeing 707–336 aircraft at a cost of about £8 million, for delivery early next year. These aircraft will meet a demand for additional capacity on certain routes and will strengthen B.O.A.C.'s position as a major earner of foreign exchange. The purchase will be financed through borrowing overseas over a period of seven years.