All Stobart Air articles
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NewsStobart Group still plans airline exit despite Aer Lingus franchise setback
Stobart Group still intends to divest its regional operator Stobart Air by the end of the financial year, despite Irish carrier Aer Lingus’s deciding not to renew a franchise agreement with the company. Aer Lingus has been using Stobart Air for regional connections for several years and Stobart Group ...
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News
Stobart bids for fresh Aer Lingus deal to speed regional airline sale
Stobart Group has entered a tender to secure a long-term flying agreement with Aer Lingus beyond 2022 as part of its effort to dispose of regional carrier Stobart Air before the end of March 2021.
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Stobart focuses on cost cutting and Southend restart
Stobart Group, owner of London Southend airport and majority shareholder in Stobart Air, has indicated that its focus remains on minimising cash burn despite limited earnings from cargo operations and restarted passenger flights.
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Stobart confirms Falko among possible buyers for regional unit
Stobart Group has confirmed it is in ‘early stage’ discussions with a number of parties including Falko Regional Aircraft over the possible sale of its regional arm Stobart Air and aircraft lessor Propius.
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Stobart agrees to buy back regional unit and aircraft lessor
Stobart Group has agreed with the administrators of Connect Airways to buy back Irish regional carrier Stobart Air and aircraft lessor Propius in a deal aimed at handling outstanding financial commitments.
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Stobart Group ponders move to buy back regional operator
Stobart Group is considering buying back Irish regional operator Stobart Air and lessor Propius from the administrators of Flybe parent, Connect Airways.
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Outbreak halts talks on London Southend stake sale
London Southend airport operator Stobart Group has disclosed that it has been negotiating sale of a minority share in the airport, but that discussions have been suspended as a result of the coronavirus uncertainty. The discussions had signalled a value for the airport of £700-800 million, says the company, ...
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Flybe chief to depart
Flybe chief executive Christine Ourmieres-Widener is to step down in July following the sale of the UK carrier to the Connect consortium earlier this year.
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Cuts likely as Virgin shapes Flybe-Stobart combination
Virgin Atlantic-backed Connect Airways aims to concentrate on simplifying Flybe’s core network and improving performance following its acquisition of the UK regional carrier.
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Virgin to integrate Flybe-Stobart with long-haul network
UK regional operators Flybe and Stobart Air will be combined and brought into an integrated commercial co-operation with Virgin Atlantic’s long-haul operation under a newly-disclosed takeover plan.
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Virgin Atlantic and Stobart link up to take over Flybe
Virgin Atlantic and Stobart Aviation have established a joint company, Connect Airways, which is to acquire UK regional operator Flybe.
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Virgin continues to circle Flybe
Virgin Atlantic is still reviewing its options with regard to Flybe a month after first disclosing its interest in the UK regional carrier.
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Analysis
ANALYSIS: How Virgin could benefit by acquiring Flybe
When Flybe put itself on sale earlier this month it looked like it might end up as a one horse race, with previous suitor Stobart expected to make a fresh bid for the UK regional carrier. But Virgin Atlantic's disclosure that it is also considering making an offer adds an ...
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Virgin Atlantic confirms talks with Flybe
Virgin Atlantic has revealed that it is in talks with Flybe that could include a "possible offer" for the UK regional carrier.
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Cost of developing Flybe routes pushes Stobart Aviation to loss
Costs of £18 million ($23 million) incurred in developing routes under a Flybe franchise deal drove Stobart Group's aviation division to a £2.7 million operating loss in the six months ended 31 August, after a £3.6 million profit in the same period of 2017.
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Stobart plots expansion into FBO market
UK infrastructure and support services company Stobart Group is preparing to open its first fixed base operation and has set its sights on becoming a leading provider of business aircraft and passenger handling services in Europe through a new venture called Stobart Jet Centre.
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ATR wins follow-up MRO business from Stobart Air
Irish carrier Stobart Air has extended a maintenance agreement with ATR.
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CityJet 'actively pursuing' two airline acquisitions: chief
Irish regional carrier CityJet is seeking to acquire two more European airlines, its chief executive Pat Byrne has indicated.
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Analysis
ANALYSIS: European airlines step up white-label operations
Flybe Group had some good news to share with the stock market on 11 June, having made a pre-tax profit for the first time in four years in the 12 months ending 31 March – and the UK-based regional operator is keen to emphasise the role that white-label contract flying ...
