Final departure
TAXPAYERS will not receive any money from the sale of Aurigny to Blue Islands until the new joint airline turns a profit, it has been revealed.
Published
TAXPAYERS will not receive any money from the sale of Aurigny to Blue Islands until the new joint airline turns a profit, it has been revealed.
But Flybe said yesterday it was prepared to pay 'millions' for the ailing airline – and guarantee the Gatwick slots it owns.
It is now threatening legal action over being excluded from the sale process.
Aurigny's seven years of public ownership has cost the States about £12m. but Treasury minister Charles Parkinson expected the States eventually to get a return.
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