An aircraft owned by collapsed airline Flybe has been impounded by the Manx government until the company’s outstanding debts are paid, the Isle of Man’s treasury minister has said.
Alfred Cannan said the airline owed the infrastructure department more than £300,000 in landing fees as well as air passenger duty (APD) from February.
Although that figure is not yet known, January’s payment was £155,577.
Mr Cannan told the Manx parliament: “A Bombardier Dash 8 aircraft, which is the aircraft in question, has a replacement value of around £25m and a book value of £4m, so I hope that we should indeed get our money that is owed.”
The last Flybe aircraft to land at Ronaldsway Airport touched down on the evening of 4 March, hours before the airline went bust.