§ Mr. Bruce-Gardyneasked the Secretary of State for Trade what is his latest estimate of the cost to public funds of operating subsidies paid to British Airways in respect of Concorde to date; and what is his forecast of the cost of such operating subsidies in 1980–81.
§ Mr. TebbitNew financial arrangements for British Airways' Concorde operations were announced to Parliament by the previous Government on 22 February 1979. These arrangements do not involve the payment of any operating subsidy to British Airways by the Government; nor have such subsidies ever been paid.