§ Mr. Ridley
asked the Minister of Technology how many orders, backed by cash deposits, have been received for Beagle Pup aircraft by the Beagle Aircraft Company Limited; what further loan capital will be required for production facilities and working capital to put the Beagle Pup into production; and when deliveries will start.
§ Mr. Stonehouse
The Beagle Aircraft Company Limited have not taken deposits on orders for the Beagle Pup in the absence of firm delivery dates. But these will be quoted within the next month, and deposits will then be called for.
Advances of working capital are made against the company's programme as a whole, not against individual projects. The Pup is in production: the first aircraft should be completed next month, and deliveries should begin in the spring.