EuroManx collapse the subject of further Tynwald questioning tomorrow
Michael and Onchan MHK’s David Cannan and Peter Karran will ask the Treasury Minister and the Attorney General a series of questions on the collapse of EuroManx tomorrow (Tuesday 17th June 2008).
At the last sitting of the House of Keys, 27th May 2008, The Chief Minister, Tony Brown MHK claimed that the government had done everything the public expected of them, with regards to trying to keep the airline in business, but ultimately a decision was taken by the owners to cease trading.
Mr Brown made it clear that he was most unhappy with the manner in which the company had pulled the plug, leaving thousands of ticket holders in the lurch and owing the Manx taxpayer over a million pounds.
Apparently the government had been hanging their hopes on a buy-out by either Aer Arran or Flybe; but the Manx Herald understands that it was false hope that was always doomed to fail.
Flybe’s Head of PR & Public Affairs, Niall Duffy informed the Manx Herald that: “Flybe came to the conclusion, after very careful consideration and a period of extended and detailed 'Due Diligence', that Euromanx was in such a bad way that it simply could not be rescued. Flybe has instead done all it can to support the Isle of Man passengers and economy by reaccommodating thus far nearly 15,000 Euromanx travellers at no charge on Flybe flights.”
It would appear, on the face of it, that the government’s support for EuroManx was a classic case of ‘Vanity over sanity’ as Mr Karran would say.



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