Wednesday, 26 March 2014
Government guarantees London - Newquay air service with 4 year PSO
The Cornish Guardian reports that transport links to Cornwall have received a boost after the Government confirmed it will provide a four-year financial guarantee towards safeguarding the Newquay to London air link. The route has been under threat since last March when Flybe announced it would terminate its service.
The paper goes on to explain that the existence of a Public Service Obligation (PSO) – a subsidy allocated by the Government to maintain air connectivity in the furthest reaches of the UK – on the route between Newquay and London will see the Government providing a subsidy to an operator to deliver the connection for a four-year period. Any shortfall incurre
Full article here.