info@gaac.org.uk

The following Parliamentary question was asked on 25th March: “To ask the Chancellor of the Exchequer, whether his package of support to airlines and airports will also include support for businesses that rely on the normal operation of airports and airlines.”

The response from Steve Barclay, Chief Secretary to the Treasury, was: “A range of measures to support all businesses has been made available. These include the Coronavirus Business Interruption Loan Scheme, allowing businesses to benefit from loans of up to £5m, with the first 12 months of that finance interest free, and the Coronavirus Job Retention Scheme to help keep people in employment. This scheme means businesses can put workers on temporary leave and the government will pay them cash grants of 80% of their wages up to a cap of £2,500, providing they keep the worker employed. They will receive the grant from HMRC, and all UK organisations can self-certify that it has furloughed employees. The scheme will cover the cost of wages backdated to March 1st.”

See also the following link: https://www.theyworkforyou.com/wrans/?id=2020-03-18.31591.h&s=Aviation

Ian Sheppard

Ian Sheppard is a director of First Aerospace Media, based at Redhill Aerodrome near Gatwick. A graduate in Aeronautical Engineering, Ian was an aviation journalist and editor for many years, including editing AOPA UK's magazine for two years. He has a Graduate Diploma Law and completed the Legal Practice Course at the University of Law. Ian has an FAA PPL and EASA/CAA CPL with Flight Instructor Rating.
Close Menu