Flights between Newquay and London are set to resume this month.
Isles of Scilly carrier Skybus has agreed a deal with Cornwall Council to take over the route from Sunday, November 23, on a short-term contract.
The airline will initially offer daily flights, increasing to twice-daily services from mid-February.
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The service had been cancelled following the collapse of the previous operator, Eastern Airways.
The route is operated under a Public Service Obligation, which sees Cornwall Council and the Department for Transport provide financial support if required to ensure the service is maintained.
Cllr Leigh Frost, leader of Cornwall Council, said: “I’m delighted we’ve managed to find a replacement operator so quickly, and even more so to see a Cornish company stepping in.
“It has been a difficult time, with disruption for many people who use the service and had already booked flights, so I am pleased this announcement will help end the uncertainty around this vital connection to the capital.”
Skybus has been operating in Cornwall for more than 40 years and offers a year-round service flying to and from the Isles of Scilly.
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Jonathan Hinkles, managing director of Skybus, said he was "wholly confident" the Newquay to Gatwick route could become a "thriving cornerstone" of the local economy again.
“It is not just about making travel easier for passengers; it’s about creating opportunities - for businesses, for tourism, and for the local communities we serve," he said.
"Our focus is on rebuilding confidence and offering reliability, and we look forward to providing passengers with the service they deserve."
Cllr Tim Dwelly, the council’s portfolio holder for economic regeneration and investment, added: “Our priority was to get the service back up and running as quickly as possible to minimise disruption for passengers.
"Restoring this route helps maintain the confidence of business and tourism sectors, and it’s welcome that a Cornish company has the capability to step in and deliver during this interim period.”