UK infrastructure group Stobart is considering buying back regional airline Stobart Air and its leasing firm Propius from the administrators of Connect Airways, it said in a statement. Stobart Group sold the regional airline in 2019 to Connect Airways, the owner of the collapsed regional airline Flybe. Neither Stobart Air nor Propius are currently in administration, Stobart Group said. “The Company confirms that it is reviewing all options in relation to the future of Stobart Air and Propius during this unprecedented time including the possibility of acquiring the businesses from the administrators,” Stobart said in a statement. “A range of discussions are ongoing
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.