£4m to secure Derry to London air route positive for north west and travel industry, says TEO Minister Gary Middleton
The provision of £4m to fund the Derry to London Public Service Obligation (PSO) air route until March 2023 has been welcomed by DUP MLA Gary Middleton.
The Executive Office Junior Minister said £2m of the subsidy would be provided by the Department for the Economy. The rest will be paid by London.
“It is welcome news that the Executive has today agreed to proposals from the Economy Minister Diane Dodds to fund the City of Derry Airport to London PSO route from April 2021 to March 2023.
"The £2million funding will be 50% of a wider package being supported by the UK Government Department for Transport," he said.
The Foyle MLA said it was positive new in what is a very difficult time for our airport and travel industry.
"Airports and good infrastructure are key factors in attracting business and providing better connectivity. Improving and investing in these areas is great news for the North West," he declared.