Originally Posted by
Expressflight
As far as I recall Stobart contributed their aircraft leasing asset business (previously called Propius) and Stobart Air (the AOC holding company) in return for their 30% share in Connect Airways. Whether they had also to contribute cash to keep Flybe afloat I don't know.
Any govt. support for FlyBe is conditional on all 3 owners, including Stobart, pledging cash sums to support the airline going forward.
At the time of the creation of Connect Airways, Stobart gave the aircraft and AOC in lieu of a cash contribution as they didn't have the cash to spend. I'm not sure where Stobart are going to find the cash now needed to support a govt. deal.