Warwick Brady, chief executive, said that his abortive plans to merge Stobart’s aircraft fleet with Flybe remained a good idea. “We have said we don’t plan to be a long-term holder of Stobart Air,” he said. “We saw real value in putting the business together. Our plan was to take a minority stake and become an active investor in Flybe.”
As an 'expert' in aviation , was Warwick Brady not expected to grow Stobart Air? Isn't he now suggesting it needs to be disposed of because of the stated need to support the dividend? And given how much the Aviation Division depends on Flybe/Stobart pax is this the start of a downward spiral for the airport?