Fred Olsen threatening to cut routes

[fifi]

 Fred Olsen,  says the regional government is stalling on payment of subsidies and the arrears are fast approaching the 20 million euro mark. 'We will have no choice but to cut routes and staff to ensure the viability of the company if the situation continues' said a spokesman yesterday.

Island Connections article.

[Spike On Q]

Exactly the reason Islas Airways went bust