Level | Item |
Reference Number (click to see whole series/group) | C40/791 |
Extent | 1 file |
Title | NATIONALISED INDUSTRIES: BRITISH OVERSEAS AIRWAYS CORPORATION (BOAC) |
Date | 24 Jan 1946 - 11 Dec 1950 |
Description | Private sale and issue of £5.75m 2½ % Airways Stock 1971-76 to Commissioners for the Reduction of the National Debt (CRND) to repay temporary advances, and pay for aircraft and other new capital assets. Capital limit of £10m under 1939 Act reached. Further private placings with CRND of £10m and £14.5m. Merger of British South American Airways with BOAC. Stock titles changed to British Overseas Airways Stocks. Consideration of stock issue, August 1950 deferred until February 1951. |
Related Material | For files on British Airways borrowing dated 1974 - 1979 see 6A347, and dated 1980 - 1988 see 13A243. |
Original Reference | CCP324v2 |