A year ago Stobart must have thought the world was their lobster. Not 1 not 2 but 3 LCC’s, a 30% stake in a regional airline that would bring many a new route SEN’s way and pax numbers rapidly growing towards levels they’d promised for years.
Then the Flybe purchase started to go horribly wrong.
Then Covid-19. The weakness of the airport exposed and their even, by now, hopelessly weaker owners probably unable to do anything to dig in, especially when the government support dies up.
So so what does the future hold for SEN? I don’t know, but I’m saddened by events and in no mood to kick anyone when they’re down. Not even Warwick Brady.
Addition:
https://www.echo-news.co.uk/news/185...syjet-closure/
I suppose, clutching at straws, that there is one card left to play as the 10 year deal winds down. Stobart could always offer say 5 years more of sweetness, something STN would not be able to do even if they were daft enough.