Aurigny Luton from March 2017. In November 2015, the States of Guernsey agreed to recapitalise Aurigny's holding company, Cabernet Ltd, by paying off £25m of existing and expected debt. The airline signed a Memorandum of Understanding with the States of Guernsey and the States of Alderney, putting in place a system of communication between the three parties as well as a basic service level agreement, in February 2016. Cabernet Ltd is the 100% holding company for the Aurigny Group, which consists of Aurigny Air Services and Anglo Normandy Aero Engineering. The holding company is itself 100% owned by "The States of
Aurigny Jersey for the first time since 1969, saw Blue Islands take over all flying on the route and Aurigny oversee ground-handling of Blue Islands flights in Guernsey. Each airline sold 50% of available seats, and the contract was initially signed for two years. In January 2016, Aurigny and Blue Islands announced the contract for the codeshare would not be renewed, after Blue Islands became a franchise partner with Flybe and restrictions on the latter's inter-island operation were lifted by the States of Guernsey the previous year. In April 2015, Aurigny acquired an ATR 42-500 on dry lease from Nordic Aviation