Statement made in House of Keys
The sale of Flybe "appears to be very good news for the Island".
That's the claim of Infrastructure Minister Ray Harmer.
The company, which operates several Isle of Man routes, was sold to a consortium including Virgin Atlantic and Stobart Group earlier this month, for just £2.2 million
Flybe's largest shareholder wants an investigation into the sale.
Mr Harmer gave a brief statement in the House of Keys this morning in response to a question from North Douglas MHK Ralph Peake.
Isle of Man faces renewed scrutiny ahead of Moneyval inspection
Mobile classroom proposed for UCM horticulture compound
Chance to learn more about career opportunities on Island
Report highlights risks of environmental crime entering financial system