Originally Posted by
Expressflight
Stobart were not flying only the EI contract.
They also had an extensive network under the BE franchise with problematic EMB 195s in the fleet but it was really the liabilities that existed within the ATR fleet leases that resulted in the liquidation of Stobart Air. Esken still carry some of those contingent liabilities today.
They dabbled in a number of ventures - most of them short term - but the major core of the business was the EI contract, and for long periods of time the only part of the business.
Presumably Emerald won't have the same ATR lease issues?