A report to be presented to Tynwald will 'clearly show' improvements can be made with how the Islands airport is operated.
That's according to Treasury Minister, Alf Cannan MHK, who will deliver an update on the Securing Added Value and Efficiences (SAVE) report at the courts next sitting this month.
Mr Cannan will ask those receiving the document to support creating a government-owned organisation to take control of operating the airport - if approved, a transformation team will be appointed to look at how to reduce the net deficit and deliver necessary changes.
That team - which would be led by the Cabinet Office - would be responsible for bringing a detailed plan of action to Tynwald by April next year.
High ground could see 4 inches of snow on Saturday night
Mountain Road unlikely to open before Monday
Yellow warning for freezing temperatures tonight
School bangers night called off
AK47 and Uzi handed in to police
"No dispute" over Liverpool Ferry Terminal, says main contractor
More weekend bus strikes to come after 10-day walkout?
Minister to face question about bus strike