Originally Posted by
AirportPlanner1
Very much doubt it. I suspect a lot of that cost was wrapped up in the Stobart Air operation which was effectively a route development activity as far as SEN was concerned. A quick google search suggests £16.5m of depreciation/write-offs so like I say probably some creative accounting.
Yes it was the costs associated with launching and developing the Stobart Air European route network operated under the Fybe franchise to destinations including BUD, GLA, MAN, PRG, VIE and MXP. The plan was that other operators would pick up those routes once they became profitable and to some extent that was successful - but very expensive.