Tourism Minister Adrian Earnshaw says the effect of the collapse of EuroManx on the tourism industry and the Island's reputation abroad, is yet to be seen.
But of more immediate concern is the plight of TT fans who have booked flights with the failed airline.
Mr Earnshaw (picture) says the demise of EuroManx has come at a bad time, but tough competition for passengers meant ultimately one player had to go:
Another meeting planned between DOI and Unite this afternoon
Some drivers are now into the fourth day of a planned 10-day strike on the Island
Visa issues still impacting Island residents
Government plans to introduce its own corresponding ETA scheme in the near future
Liverpool ferry terminal overspend back under political spotlight
Ramsey MHK wants answers over monies spent without Tynwald approval
Information Commissioner orders fresh response over £2.2 million King William’s College FOI
Department for Enterprise told to re-process request after blanket confidentiality exemption ruled inappropriate
