Aviation Sector — House of Commons, 2020-09-10
Topic: Mixed Topics
Robert Alexander Courts (Conservative, Centre-right): Yes, I am very happy to meet the hon. Gentleman and other honourable colleagues. Indeed, I look forward to engaging with Members from across the House on this vital sector. He does very well to remind me of the importance of the aerospace sector, which hopefully I will come to in a moment, and regional connectivity, which I will also comment on As Members are aware, this is an incredibly challenging time for the crucial aviation sector. It underpins our economy by unlocking trade, investment and tourism, and it provides regional connectivity, but it has been badly impacted by covid. The Government are clear that aviation will recover and will play a crucial role in driving our economy forward. We are helping it to do that by supporting it through the crisis The steps that the Government have taken have been truly unprecedented and have enabled airlines, airports and ground handlers to benefit from a very significant amount of taxpayer support. These measures include the Bank of England’s covid corporate financing facility, which has enabled the sector to draw down £1.8 billion in support, helping airlines’ liquidity, and the coronavirus job retention scheme, which has seen the passenger and air freight transport sectors benefiting from £283 million of support, with 56,400 staff furloughed. These support measures, as well as the coronavirus business interruption loan scheme, have all been available to the sector. Members will be mindful that I cannot comment on any commercially confidential matters relating to individual companies, but I can remind the House that the Government have been clear that we have always considered providing support to strategically important companies that can reasonably be expected to have a long-term viable future and whose failure or distress would cause disproportionate harm to the UK economy or society The support that the Government have provided has gone long beyond financial. In addition to the unprecedented cross-economy package of support that the aviation sector has utilised extensively, we have put in place several other practical measures to help the sector. In June, we published safer air travel guidance for passengers and operators, providing information that enables passengers to travel confidently by following the recommended measures to keep themselves and others safe. We have ensured connectivity between Northern Ireland and the rest of the United Kingdom. We have protected consumers and supported the sector by confirming that we will stand behind the air travel trust fund The hon. Member for Feltham and Heston asked what the engagement unit has done. Well, I will tell her: we were the first country to produce safer travel guidelines for passengers and operators; we have introduced a unique travel corridor system to support the reopening of the sector while other countries kept their borders closed; we and the unit are continuing to work to establish options for possible testing approaches, ensuring that the health of the country is protected while supporting the sector’s recovery; and we have continued to work with the Civil Aviation Authority on regulatory easing during this unprecedented situation As we have heard from my hon. Friends the Members for Arundel and South Downs (Andrew Griffith) and for North West Durham (Mr Holden) and the hon. Member for Caerphilly (Wayne David), these are also challenging times for the aerospace sector. The Government will be providing the sector with over £8.5 billion of support over the next three years through the covid corporate financing facility. I am particularly aware of the concerns of my hon. Friend the Member for Pendle (Andrew Stephenson) and the hon. Member for Birkenhead (Mick Whitley) about job losses from Rolls-Royce in their constituencies. We have heard a great deal about job losses and redundancies.