Under the proposed new strategy, Jersey Airport would continue to be run by the States and would not be privatised or incorporated.
The Airport faces running at a loss from 2008 unless the strategy – named Future Directions 2006 to 2011 and devised by consultants Vector – is implemented.
Assistant Minister of Economic Development Alan Maclean said in a statement to the States today that doing nothing was not an option.
The strategy recommends cutting staff numbers and reducing operating expenses.
Airport director Julian Green said reductions in manpower would be achieved through voluntary redundancy or voluntary early retirement.
However, he would not give any indications of numbers.