30 November 2022, Virtual
12 December 2022, etc.venues Monument, London
Business Travel Show Europe, presented by The BTN
The government has published the details of 19 bids it received during the first application stage for funding from the Regional Air Connectivity Fund.
The funding is available for brand new routes for regional airports which handle fewer than 5 million passengers a year.
The Regional Air Connectivity Fund was announced by the government in June 2013. The fund is used to maintain regional air connections. The government doubled the size of the fund to £20 million per year in the 2014 Budget.
Among the 19 bids which have been received during the initial application stage include:
The final short-list of airports that have met the criteria will be made in early May. Those successful routes will then move forward to the “strategic and economic appraisal stage”, with successful bids being announced in July 2015.
The Regional Air Connectivity Fund has a total of £56 million available to cover 3 years of financial support for start-up aid.
Previous beneficiaries of the funding include Flybe's Newquay to Gatwick airport route, which chief secretary to the Treasury Danny Alexander referred to as being "vital for Cornwall's businesses, tourist industry and residents".