Aurigny has had to cut routes

The States bought the airline in May last year as a means of protecting links with Gatwick.

But the States is also responsible for regulating all the airlines which operate in the Bailiwick.

That has caused concerns that new airlines are put off coming to the island and now politicians are proposing a partnership scheme.

There may be a very attractive opportunity waiting, and it would be foolish not to maximise it Lyndon Trott

Aurigny has had a difficult time since its takeover. This year it has had to cut several routes, including services from Jersey to Manchester, Alderney and Dinard.

And from the New Year it is stopping most of its regional routes from the Channel Islands to places such as Stansted, Bournemouth and Bristol.

Guernsey Treasury and Resources Minister Lyndon Trott, said: "I think it's a good company with some very good people which is operating under some very difficult conditions.

"I think it has fulfilled its purpose. We bought it to secure those Gatwick slots, and that we've been able to do. But there is no head-rush into wishing to dispose of it.

"However, there may be a very attractive opportunity waiting, and it would be foolish not to maximise it."

He said there was nothing to stop outsourcing some of the routes and operating some sort of franchise or partnership arrangement.

Aurigny said it was not surprised by the announcement.

Managing director Malcolm Hart said he had always known such a proposal was on the cards and he had written to staff about the development.

Mr Hart said a previous policy letter to the States made it clear proposals for the long-term ownership of Aurigny would have to be considered at some stage.

Travellers are being assured they will not be affected by any changes to the airline.