Originally Posted by
Tagron
According to the FT EasyJet and Stobart are both looking at Flybe, EZY interested in parts of the business and STK the whole entity.or parts.
Stobart is not now ruling out another bid, potentially with the same structure as before — co-investment with a private equity partner and taken off Stobart’s balance sheet.
That latter statement seems quite specific so perhaps there might be more to it then the general speculation that is doing the rounds
Stobart Air is now a pure provider of wet lease airline (through franchising)
so a Flybe purchase could be a way to get back into a direct to customer operation
to be more selfreliant and not totally dependant on other operators preference of the day.
Also advantageous for Stobart Group in controlling/securing a certain level of Southend airport passenger traffic.
Flybe must be a good 60% of the services/traffic there.