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U.K. Government Rules Out Broad Bailout for Aviation Sector

  • Chancellor says bespoke support for companies a last resort
  • Talks underway on whether sector can access BOE-led financing
A pedestrian passes a passenger aircraft at London Heathrow Airport, London, U.K. on March 16. 

A pedestrian passes a passenger aircraft at London Heathrow Airport, London, U.K. on March 16. 

Photographer: Jason Alden/Bloomberg
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Britain has ruled out immediate direct aid to the aviation sector as the coronavirus outbreak wipes out all but a handful of U.K. flights.