§ Mr. Woolmerasked the Minister for Trade if the receiver dealing with the collapse of Laker Airways has yet filed with the Registrar of Companies a copy of the statement of affairs prepared by the directors of the company; and if the receiver made any comments on the statement.
§ Mr. SproatNo.
§ Mr. Woolmerasked the Minister for Trade what information he has as to the total liabilities still outstanding to the creditors of Laker Airways; and what are the amounts owing to the various types of creditors concerned.
§ Mr. SproatI am informed by the receivers that total ascertained liabilities have been estimated at £260 million. Just under 17,000 people held scheduled tickets on Skytrain with a total value estimated at £3.85 million. Some of them were able to use their return coupons with other airlines. How many remain with unused coupons is not yet known. A further 139,000 people had paid in part or in full for a package holiday. Total liabilities are about £6 million, which can be met in full out of bonding arrangements and the air travel reserve fund. I have no further information on the amounts owing to individual creditors.