Airline Flybe, which operates Island routes to Birmingham, Edinburgh, Glasgow, Gatwick, Liverpool and Manchester, says it’s to cut 300 jobs.
The redundancies are aimed at returning the firm to profitability by 2014 by reducing its costs by £35 million.
But the firm, based in Exeter, says although its reviewing its network of flights, it doesn’t expect significant changes to routes.
It’s not yet known whether any job losses will affect the Isle of Man.
MHK behind 20mph scheme hopes to see return to her original proposals
Ann Corlett is renewing calls for a ring road around the five schools in Douglas Central
Council of Musical Chairs: What do we know?
Almost three dozen ministerial changes have taken place in the Cannan administration
Parent group shares concerns over reports of 'AI misuse'
Delay Smartphones IOM reacts to police warning
CoMin reshuffle 'supported and applauded' by Local Economy Forum
The lobby group was formed in response to plans to increase the minimum wage by 9.9 percent
IOM Chamber of Commerce 'welcomes' CoMin reshuffle
The treasury minister's been sacked over the speed of the introduction of a new minimum wage
