Transport Secretary Grant Shapps has announced that East Midlands Airport is now able to apply for a Government grant worth up to £8 million, helping to protect jobs and the local economy in North West Leicestershire and neighbouring Counties.
The Airport and Ground Operators Support Scheme, which opened on Friday 29 January, will help East Midlands Airport, and other commercial airports across England to cover losses on costs caused by the covid-19 pandemic, including airfield operations, contracted services such as airfield and runway maintenance, and business rate bills.
Airports and ground handlers can apply to the scheme on GOV.UK, and if successful, should receive their funding by the end of the financial year.
The financial support scheme, which follows the Government’s extension of the Job Retention Scheme, is open for applications until 21 February 2021.
This investment will help support East Midlands Airport following the introduction of international travel restrictions designed to protect public health and prevent the spread of Covid-19 as the Government continues to roll out its world leading vaccination programme.
Commenting, Andrew Bridgen MP said:
“I am thrilled that East Midlands Airport in my constituency will receive up to £8 million to help it protect jobs during these challenging times.
“This funding offers vital support for the airport – which supports so many jobs and businesses in our community.
“This Conservative Government has provided unprecedented levels of support to protect jobs and businesses through the pandemic, and this latest support will be hugely important for helping North West Leicestershire to build back better after coronavirus.”
Commenting, 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.
“Today’s scheme is another step in the right direction, providing vital support for an industry that is raring to get back to business, once it is safe to do so.”