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Old 3rd Mar 2020, 10:23
  #3541 (permalink)  
SWBKCB
 
Join Date: Apr 2003
Location: Northumberland
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So on 16/01, Stobart made this statement - how does that work?

Connect Airways is made up of a consortium of shareholders encompassing Cyrus Capital (40%), Virgin Atlantic (30%) and Stobart Group (30%) that acquired the assets of Flybe. The shareholder consortium has to date provided £110m of funds to Connect Airways, and Stobart Group has invested £45m through a combination of cash and the sale of Stobart Air, Stobart Group's regional airline, and its aircraft leasing business, Propius.
https://polaris.brighterir.com/publi.../story/wvkpmqx
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