PARLIAMENTARY WRITTEN QUESTION
Airports: Coronavirus (26 November 2020)
Question Asked
Asked by:
Judith Cummins (Labour)
Answer
On 24 November, the Government announced a financial support scheme to support eligible commercial airport and ground handling businesses by reducing cash burn and could unlock shareholder and lender support. This will provide support up to the equivalent of the site’s business rates liabilities in 2020/21 financial year, capped at up to £8m per eligible site, and subject to certain conditions. The scheme will open for applications in the new year, and we will be looking to make payments to successful applicants before the end of the financial year.
Answered by:
Robert Courts (Conservative)
1 December 2020
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