British Airports Authority

Oral Answers to Questions — Transport – in the House of Commons at 12:00 am on 3rd December 1984.

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Photo of Mr Peter Fry Mr Peter Fry , Wellingborough 12:00 am, 3rd December 1984

asked the Secretary of State for Transport if he has come to any decision regarding the privatisation of the British Airports Authority; and if he will make a statement.

Photo of Michael Spicer Michael Spicer Parliamentary Under-Secretary (Department for Transport)

We are still considering how best to introduce private capital into the British Airports Authority.

Photo of Mr Peter Fry Mr Peter Fry , Wellingborough

I note my hon. Friend's reply, but I suggest to him that such a scheme would be a source of revenue for the Treasury and would be much easier to introduce than some of the other Department of Transport schemes for privatisation. Will my hon. Friend bear in mind the strong recommendation of most members of the Select Committee on Transport on the subject?

Photo of Michael Spicer Michael Spicer Parliamentary Under-Secretary (Department for Transport)

I have listened carefully to what my hon. Friend has said. He was a member of that Select Committee, the report of which we are considering carefully. We have made no final decisions. There are several options which range from outright sale to extending franchising and to securing private capital for new development.