§ 19. Mr. Maxtonasked the Minister for Trade what proposals British Airways has put to him regarding the capital reconstruction of the airline; and if he will make a statement.
§ Mr. SproatThe British Airways board has asked the Government to consider a reconstruction of the airline's capital and debt structure. The Government have not yet accepted any commitment to a capital reconstruction.
§ 35. Mr. Walter Johnsonasked the Minister for Trade when he last met the chairman of British Airways; and what matters were discussed.
§ Mr. SproatMy right hon. and noble Friend and I are in frequent contact with the chairman of British Airways on a wide range of matters concerning the airline.
§ 40. Mr. Jim Marshallasked the Minister for Trade whether British Airways has proposed that Her Majesty's Government take over or redeem out of taxpayers' money, any of the liabilities or debts of British Airways before it is sold off in part or in whole to the private sector.
§ Mr. SproatThe British Airways board has asked the Government to consider a reconstruction of the airline's capital and debt structure. The Government have not yet accepted any commitment to a capital reconstruction.