HC Deb 02 July 1976 vol 914 c340W
Mr. Warren

asked the Secretary of State for Industry if he will support plans submitted by the British Aircraft Corporation to Her Majesty's Government for the construction of five more BAC111 aircraft in advance of receipts of orders for these aircraft.

Mr. Les Huckfield

As I recently explained to the House, BAC's proposals for an extension of its underwriting agreement to cover manufacture of five aircraft on a speculative basis are under consideration by the Government. Further discussions have recently been held with the company to clarify what it is seeking and the extent to which it is prepared to share the risks involved.

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