Thank you for contacting me about Government financial assistance for airlines.
The aviation sector is important to the UK economy: like other sectors of the economy it will be able to draw upon the unprecedented package of measures that the Chancellor has announced to support businesses and their workers through the coronavirus outbreak. He has written to airline operators advising them on the steps they could take if they come into financial difficulty.
The Chancellor has made clear that while the Government is willing to consider the situation of individual firms, airlines must in the first instance have exhausted all other methods of help. These would include using the measures the Government has already announced, such as the Coronavirus Job Retention Scheme which offers firms financial support to retain furloughed employees and contacting existing investors to ask for additional capital.
I know the Government also remains committed to working closely with the industry to address aviation emissions, so that important climate change commitments can be met.
This is an evolving situation and I will continue to monitor it closely, but I recognise the importance of the aviation industry both in creating jobs and in improving regional and global connectivity with all the implications for raising living standards and adding to the opportunities for ordinary people around the world that that has brought.
Thank you again for taking the time to contact me.
Craig Whittaker MP
May 2020