UK airports to receive financial aid from…

UK airports to receive financial aid from government before April
2021-01-19 10:39:00
The UK Government has said it will financially support airports before the end of March, following the aviation industry’s fervent plea for support due to the new Covid travel restrictions.  Aviation minister Robert Courts said: “The Airport and Ground Operations Support Scheme will help airports reduce their costs and we will be aiming to provide grants before the end of this financial year.” (ie. April).  Without any initial date, the scheme was announced in November 2020 for the first time. Under the scheme, grants of up to £8m per airport applying will be given to cover fixed costs such as business rates. More details are expected in the coming days. The lobby body, the Airport Operators’s Association, wants help including a temporary exemption from local property taxes, and help with “regulatory, policing and air traffic control expenses.”  Robert Courts did not mention any support for airlines, which have benefited from general government furlough programmes; BA and EasyJet have had loans backed by the government’s UK Export Finance. The sector wants restrictions ended by Easter, which is when they usually make money, and for the summer holiday season. Most airlines do not traditionally make much of their money in winter. .Tweet     UK airports to receive financial aid from government 18 January 2021  (AirportTechnology.com) The UK Government has announced that it will financially support the country’s airports before the end of March, following the aviation industry’s fervent plea for support due to the new Covid-19 travel restrictions. Aviation min

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