Malcolm Hart, MD of Aurigny was on the local news last night - asking some, not unreasonable, questions. If Aurigny was for sale - who would buy it? Flybe possibly? And how would a monopoly on the route help prices? In addition he was casting nusturtiums about the possible long term viability of Flybe ("Who knows what could happen with Flybe - the operational losses are somewhere of the order of £50 million over the last 5 years or so - so I wouldn't put all my eggs in that particular basket") Easy to say when you are government owned - but on the other hand there haven't been any other regionally based businesses that have come unstuck recently - have there?
The States of Guernsey is currently a bit of a shambles - (the runway repair was on the books at £10m, its now £50m and climbing - and they have just dug a hole in their finances with lower tax on businesses) and Flybe have outflanked them on the
PR on this one - however, they are a commercial company, and have to make commercial decisions - the Guernsey tax payer should not subsidise them.