Aim to tackle trading deficit
New plans for Ronaldsway Airport are to be put to Tynwald by April 2020.
Treasury Minister Alfred Cannan says a new structure aims to solve the financial issues highlighted by consultants recently.
York Aviation estimated an annual trading deficit of £3.7million.
Mr Cannan though says he's positive about upcoming changes:

Care funding reform report delayed following ministerial change
Charity plans baby loss memorial garden at Noble's Hospital
New rights for neonatal care leave and carer's leave on the way
Manx Wildlife Trust launches new internship programme
Improving Island's whistleblowing policies like 'turning an oil tanker', says PSC