(S (S (BASENP (PRP It)) (VP (VP (VBD began) (BASENP (PRPD its) (NN existence))) (S (VP (VP (VP (VBN flying) (BASENP (DT a) (JJ small) (ADJP (NN 15) (NN seat)) (NN aircraft))) (PP (IN between) (NP (BASENP (NNP Waterford)) (CC and) (BASENP (NNP London) (NNP Gatwick))))) (PP (IN with) (NP (BASENP (DT the) (JJ small) (NN aim)) (PP (IN of) (S (VP (VBG breaking) (NP (NP (BASENP (DT the) (NN duopoly)) (PP (IN on) (BASENP (NNP London-Ireland) (NNS flights)))) (COMMA ,) (VP (VP (VBN held) (PP (IN at) (BASENP (DT that) (NN time)))) (PP (IN by) (NP (BASENP (NNP British) (NNPS Airways)) (CC and) (BASENP (NNP Aer) (NNP Lingus))))))))))))))) (PERIOD .))