Blaming 'open skies' is a joke. Open skies arrived and rather than opening new routes Aurigny decided to go into head long competition on two existing routes operated by Blue Islands offering £19.99 fares. Insufficient traffic for two carriers. Sorry Aurigny but you only have yourself to blame for the losses. Also, the shareholders must share some of the blame for a total failure to provide any oversight into what Aurigny was up to. Time for change.