Well, well, well, a local council investing in an airline. That will be controversial. If EU Jet succeed it will be seen as a great investmnet by Kent. If they fail if will be seen as an illegal subsidy. But either way it begs the question as to why it was necessary. If the business plan is so good why does the money of council tax payers need to be pumped into it?
It is also worth contrasting the start-up performance of Thomson Fly at Coventry ( far more modest even though it is part of the largest travel company in the world) with the plans of EUJet. Starting in the autumn does not seem like a good idea. Cash flow is always worse in the winter.
It certainly seems as if this space will be worth watching.