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<p>The Chancellor speaks to industry representatives on a regular basis about a range
of matters, including support for the aviation industry.</p><p>The Government recognises
the challenging circumstances facing the aviation industry as a result of Covid-19
and firms experiencing difficulties can draw upon the unprecedented package of measures
announced by the Chancellor, including schemes to raise capital and flexibilities
with tax bills. In addition to economy-wide measures such as the Coronavirus Job Retention
Scheme, the aerospace sector and its aviation customers are being supported with almost
£11 billion made available through loan guarantees, support for exporters, the Bank
of England’s Covid Corporate Financing Facility and grants for research and development.
This includes £8bn of guarantees provided by UK Export Finance.</p><p>In addition,
the renewed Airport and Ground Operations Support Scheme that the Chancellor announced
in his Budget will provide support for eligible businesses with their fixed costs
for a further six months, up to the equivalent of their business rates liabilities
for the first half of the 2021-22 financial year, subject to certain conditions and
a cap per claimant of £4m.</p>
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