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Aircraft Purchases (Currency)

Volume 463: debated on Tuesday 22 March 1949

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54.

asked the Chancellor of the Exchequer whether he is aware that owing to his refusal to grant British air charter companies sufficient hard currency to buy aircraft and spare parts, unobtainable in the United Kingdom, these companies are unable to provide the services required by British firms with overseas interests and the latter are thus forced to spend hard currency to obtain the services of foreign air lines; and if he will now alter this policy.

Applications for the expenditure of hard currency on aircraft or spare parts are considered on their merits. I am not aware that permission has been refused in any case with the results suggested by the hon. and gallant Member. If he has a specific case in mind, perhaps he will let me have the particulars and I will look into it.