Originally Posted by
davidjohnson6
I understand that Aer Arann are in need of cash and are doing so by taking Stobart on as an investor.
I don't understand why Stobart believe a large minority stake in a small regional airline like Aer Arann is a good investment for what is essentially a logistics + airport management company.
Could someone who is familiar with the set-up (don't just give a random guess - I can do that too) explain the business logic behind this please ?
Add me to the "bemused" list too, but just a small point of information: the Irish competition authority has cleared Stobart to take sole control, not a minority stake:
The Competition Authority: News & Publications » News Releases » Competition Authority clears Stobart acquisition of Aer Arann