I propose to take Questions Nos. 140, 148 and 150 together.
My Department is monitoring the financial impact of COVID-19 on the Irish aviation sector on an ongoing basis, in consultation with all key stakeholders and relevant Government Departments.
The Government has put in place a range of supports for businesses, including those in the aviation sector. The supports include the wage subsidy scheme, alleviation of commercial rates, tax clawback, the covid restriction support scheme, the credit guarantee scheme, and the SBCI working capital scheme.
As regards supports specifically targetted at the protection of employment, the Employment Wage Subsidy Schemes (EWSS) has been a key component of the Government's response to the covid crisis to support viable firms and encourage employment in the midst of these very challenging times. The EWSS higher subsidy rate will apply until 31st March 2021. The scheme will continue during 2021 and the Government will decide on the form of its extension when economic conditions are clearer, guided by what the economy requires at that time to support the expected economic recovery.
In November, the Government also agreed a revised €80 million funding package specifically for Irish aviation in recognition of the very difficult circumstances facing the sector. My Department is currently engaging with the European Commission regarding formal approval of this package which will be implemented in line with EU State aid rules.