Dáil Éireann Debate, Thursday - 25 February 2021
24. Deputy Cian O'Callaghan asked the Minister for Transport if he will provide the airline industry with a financial aid package to ensure the survival of the industry; and if he will make a statement on the matter. [10721/21]
View answerThe 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, deferral of tax liabilities, the COVID Restrictions Support Scheme, the Credit Guarantee Scheme, and the SBCI Working Capital Scheme.
As regards supports specifically targeted at the protection of employment, the Employment Wage Subsidy Schemes (EWSS) has been a key component of the Government's response to the COVID-19 crisis to support viable firms and encourage employment amid these very challenging times. The EWSS higher subsidy rate will apply until 31 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.
Any additional supports designed to facilitate growth of air traffic can only be progressed at the appropriate time, taking account of the outlook for the easing of travel restrictions and improving wider epidemiological conditions.
I will continue to monitor the financial impact of COVID-19 on the Irish aviation sector on an ongoing basis in consultation with relevant Government Ministers and all key stakeholders.
