§ 29. Mr. Anthony Boyle
asked the President of the Board of Trade what request he has received from the British Overseas Airways Corporation to be allowed to invest in the development of the American supersonic transport in order to maintain its delivery position for this aircraft.
§ Mr. Jay
None, Sir. Like all other airline customers B.O.A.C. is due to pay by 31st October a further 100,000 U.S. dollars per aircraft to maintain its delivery position. Separately, B.O.A.C. has been invited to invest voluntarily 1 million U.S. dollars per aircraft in development 2127 costs. B.O.A.C. with Air France, is considering this invitation and I shall be consulted.
§ Mr. Edwin Brooks
is my right hon. Friend aware that for cool cheek this American demand takes some beating? Would he consider convening an international conference of airline operators to consider a co-ordinated plan to resist this American blackmail?
§ Mr. Hastings
In view of the crisis in the British industry due to the loss of the A-FVG project, is it not most unwise to permit B.O.A.C. to invest in American research and development of any kind at this juncture?
§ Sir A. V. Harvey
Is the right hon. Gentleman aware that the projected American supersonic aircraft is considerably bigger than Concord and, therefore, the supersonic bang will be that much worse? In view of what has happened this week, will he take that seriously into account?