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Old 28th Mar 2015, 19:19
  #172 (permalink)  
Flightrider
 
Join Date: Jan 2000
Location: UK
Posts: 1,482
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It does rather sound as though Citywing is an airline (and I use that term loosely) in search of a subsidy. They have been seeking to raise new capital over the few months, but now have latched onto both possibilities in Alderney and Derry (using the Route Development Fund) to try to find some new subsidised routes to replace the loss of the Welsh PSO. It's not a show of strength for their core business if they are essentially becoming subsidy junkies. One hopes that a degree of due diligence is carried out before parting with any public funds in this direction.
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