T&R to assess Aurigny monopoly despite easyJet application
Wednesday 2nd October 2013, 12:00PM BST.
TREASURY will continue to investigate the pros and cons of an Aurigny monopoly on the Gatwick route, despite easyJet’s application to operate in Guernsey, it has said.
But the department would not comment on what implications competition from the UK budget airline would have on those talks.
Minister Gavin St Pier has previously warned that a competitor was the biggest risk to a multi-million pound loan – guaranteed by the taxpayer – for Aurigny to buy a new jet.
‘In its report to the States on the acquisition of aircraft by Aurigny in July of this year, the department indicated that it felt there would be merit in considering the pros and cons of amending the States’ existing air transport licensing policy statement to provide for a sole operator on the Gatwick route,’ a spokesman said yesterday.
‘The existing policy was agreed in 2004. The department indicated that it intended to report back to the States with recommendations on this matter before the end of the year and it remains the department’s intention to do so very shortly.’
Aurigny CEO Mark Darby also declined to comment on the potential consequences of the application.