£8m Government lifeline for Stansted Airport
Stansted Airport is set for a financial boost of up to £8m from a new Government scheme.
Applications are being accepted from commercial airports and ground handlers across the country to help cover fixed costs while Covid-19 travel restrictions remain in place.
Transport Secretary Grant Shapps said: “A thriving aviation industry has been central to the success of this country, and while we recognise the testing conditions airports are currently facing as a result of the pandemic, I believe that the sector will be ready to bounce back once restrictions are lifted.”
Aviation minister Robert Courts said: “The aviation sector plays a crucial role in our economy, contributing £22 billion directly to the UK economy and supporting around half a million jobs.
“We are well aware of the challenges facing the industry, however this scheme will give airports and ground handlers in England a boost, helping them continue to prepare for a future when international travel is ready to take off again.”
The cash will help pay for contracted services such as airfield and runway maintenance, and business rate bills.
There were 7,543,779 passengers at Stansted in 2020, down 73.2% year on year, and in December the airport had 198,291 passengers – down 90.1% on the same month in 2019.
Airports and ground handlers will be able to apply to the scheme on gov.uk and, if successful, should receive their funding by the end of the financial year at the end of March.
National restrictions for England introduced on January 6 remain in place, meaning that everyone must stay at home unless travelling for a very limited set of reasons.