In 2021, hopes were raised that Carlisle's Lake District Airport would potentially be re-opening with a takeover planned by The Isle of Man-based company Ettyl Limited - which signed agreements for the acquisition for £15m, as reported on the London Stock Exchange.
However following the announcement of Stobart Air's liquidation, the deal collapsed.
Interesting that the article seems to suggest that the takeover deal between Esken and Ettyl collapsed due to the liquidation of Stobart Air, which isn't exactly true - the pandemic, loss of the contract to Emerald Airlines to operate the Aer Lingus Regional franchise and then the failure of the takeover deal were all contributing factors to the demise of the airline.
As far as I'm aware, Ettyl was really only interested in acquiring Stobart Air, however Esken effectively packaged up both the airline and CAX to sell onto them; the deal fell through due to issues relating to their financing and Mr Scales has since been in court on the Isle of Man facing
charges of fraud.
Also, the comments made last year by the Leader of the Cumbria Chamber of Commerce, suggesting that plans to reintroduce commercial flights is akin to
"flogging [a] dead horse", really didn't help matters.
According to their FB page, CAX is
open for GA and aircraft that do not require the use of a licensed aerodrome, plus they've taken delivery of a new AVGAS bowser and a supply of AVGAS, with Jet A1 following shortly.