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British International Helicopters

Volume 204: debated on Tuesday 25 February 1992

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To ask the Secretary of State for Transport if he will make a statement about the procedures that were followed when British Airways was privatised with regard to the arrangements entered into over British International Helicopters; and what steps were taken to preserve the interests of the Exchequer and the staff of British International Helicopters.

British International Helicopters, formerly British Airways Helicopters Ltd. (BAHL), a subsidiary of British Airways, was sold in September 1986, prior to the privatisation of British Airways. The decision to sell BAHL and the details of the negotiations were commercial matters for the British Airways Board.