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Old 28th Jun 2014, 10:14
  #56 (permalink)  
LGS6753
 
Join Date: Jul 2003
Location: Under the flight path
Posts: 2,632
Received 14 Likes on 5 Posts
Stobart seem to be a serious player.

- they invested in decent facilities at SEN
- realizing they had a success on their hands, they've invested in further terminal expansion
- they have attracted 4 completely new airline operators in under 2 years - EZY, RE, BEE and now Skywork. Has any other airport achieved that?
- they have invested in RE and brought them in to SEN
- now they have sold a big chunk of their haulage business and will concentrate on bio-energy and aviation

Let's hope they are financially strong enough to remain independent, and that they manage to turn a profit sufficient to fund their investment, and give shareholders a return.
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