Government's multimillion-pound support scheme for airports opens today - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 29, 2021 Newswires
Share
Share
Post
Email

Government's multimillion-pound support scheme for airports opens today

PR Newswire Policy

LONDON, 29 January 2021 /PRNewswire Policy/ --

The Airport and Ground Operations Support Scheme is now open to commercial airports and ground handlers who have been financially impacted by the COVID-19 pandemic.

Airports across England are set to receive a boost as the government's financial support scheme opens for applications today (29 January 2021).

Commercial airports and ground handlers will be able to apply for up to 8 million pounds each to support with fixed costs while travel restrictions remain in place. The financial relief will help airports and ground handlers to cover losses on costs including airfield operations, contracted services such as airfield and runway maintenance, and business rate bills.

The investment will help airports and ground handlers, following the introduction of international travel restrictions designed to protect public health and prevent the spread of COVID-19. Recognising the crucial role the sector plays and its contribution to the UK economy, the scheme will support the aviation industry while the government continues to roll out its vaccination programme.

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."

Aviation Minister Robert Courts said:

"The aviation sector plays a crucial role in our economy, contributing 22 billion pounds directly to the UK economy and supporting around half a million jobs.

"We are well aware of the challenges facing the industry, however, this scheme will give airports and ground handlers in England a boost, helping them continue to prepare for a future when international travel is ready to take off again."

Airports and ground handlers will be able to apply to the Airport and Ground Operations Support Scheme online 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 from today until 21 February 2021.

The government has also provided flexibility to airlines to support them during this difficult time – extending the waiver of the ‘80:20' slot usage rule in time for the summer scheduling season. This removes the requirement for airlines to operate flights at least 80% of the time to retain their slots, to reflect the current low demand for air travel.

This not only helps airlines' finances but reduces the environmental impact of ‘ghost flights' while ensuring that the slots allocation system works in the interests of air passengers.

The government acknowledges the severe impact that the COVID-19 pandemic has had on the travel sector as a whole and continues to provide support while international travel is paused.

National restrictions for England introduced on 6 January 2021 continue to remain in place, meaning that everyone must stay at home unless travelling for a very limited set of reasons.

SOURCE UK Department for Transport

Older

White House says DOJ will decide whether to probe New York nursing home deaths

Newer

Area of fatal Wacker incident in Charleston, Tennessee, released for repair and operation during ongoing probes

Advisor News

  • The modern advisor: Merging income, insurance, and investments
  • Financial shocks, caregiving gaps and inflation pressures persist
  • Americans unprepared for increased longevity
  • More investors will seek comprehensive financial planning
  • Midlife planning for women: why it matters and how advisors should adapt
More Advisor News

Annuity News

  • LIMRA: Annuity sales notch 10th consecutive $100B+ quarter
  • AIG to sell remaining shares in Corebridge Financial
  • Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
  • AM Best Assigns Credit Ratings to Calix Re Limited
  • Transamerica introduces new RILA with optional income features
More Annuity News

Health/Employee Benefits News

  • MCCLELLAN INTRODUCES BILL TO HELP VIRGINIANS KEEP THEIR MEDICAID COVERAGE
  • The Spine of Justice Roberts
  • SENATE APPROVES BILL TO LIMIT PREMIUM INCREASES, PROTECT ACCESS TO HEALTHCARE
  • All about AHCCCS: Navigating Arizona Medicaid’s changing landscape
  • GOVERNOR SIGNS BIOMARKER TESTING COVERAGE BILL
More Health/Employee Benefits News

Life Insurance News

  • 2025 Insurance Abstracts
  • AM Best Assigns Credit Ratings to Tokio Marine Newa Insurance Co., Ltd.
  • Earnings roundup: Prudential works to save ‘unique’ Japanese market
  • How life insurance became a living-benefits strategy
  • Financial Focus : Keep your beneficiary choices up to date
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet