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[textarea]Blue Islands to buy Aurigny
The Guernsey owned airline Aurigny is set to be sold to its rival Blue Islands. The States have agreed in principle with Blue Islands to sell Aurigny and Anglo-Normandy Engineering.
When the States bought Aurigny in 2003, they did so to protect slots at Gatwick seen as essential to business and leisre connections to the Island, but that can only be owned by an airline. Since then there has been opposition, mainly from rival airlines, to the ownership.
The States and Blue Islands will now negotiate terms for two months before a final decision on the sale.
Source[/textarea]
The Guernsey owned airline Aurigny is set to be sold to its rival Blue Islands. The States have agreed in principle with Blue Islands to sell Aurigny and Anglo-Normandy Engineering.
When the States bought Aurigny in 2003, they did so to protect slots at Gatwick seen as essential to business and leisre connections to the Island, but that can only be owned by an airline. Since then there has been opposition, mainly from rival airlines, to the ownership.
The States and Blue Islands will now negotiate terms for two months before a final decision on the sale.
Source[/textarea]