"The group is engaging actively with a number of parties interested in acquiring its stake in Stobart Air," said Stobart Group yesterday. The Irish Independent revealed last month that Aer Lingus had put the contract to operate the Aer Lingus Regional service from 2023 out to tender. Last week, Mr Brady told investors that he expects a sale of Stobart Air to be completed by February next year and said that Stobart Group is "entirely focused on sorting out Stobart Air". It's believed that Stobart Group, which also owns London Southend Airport, wants network coverage in the UK that will encompass the gateway as part of a Stobart Air sale. Stobart Air is currently operating a limited schedule, as airlines continue to be hit hard by the Covid pandemic.

Source: Irish Independent October 08, 2020 01:33 UTC