Stobart to acquire Aer Arann

Victoria
By Victoria December 18, 2012 23:19

Stobart to acquire Aer Arann

UK distribution firm Stobart Group, which owns Southend and Carlisle airports, has received approval from the [Irish] Competition Authority to acquire sole control of Aer Arann.
“In line with legal requirements, we are advancing plans to facilitate a potential restructuring of the company. These matters remain subject to statutory processes, including those of the Commission for Aviation Regulation. A further announcement will be made upon completion of the process period,” Aer Arann said in a statement.

Victoria
By Victoria December 18, 2012 23:19
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