Consolidation
An airline with 17 props, operating mainly on a ACMI basis for another carrier and very little on its own commercial responsibility is unlikely to be buying other major airlines. Not only do they not have the management experience to take on another carrier but it is unlikely they will be able to raise funds on commercially useful terms from outside investors. Assuming the story in the Irish Independent is true (and I have no idea as to the veracity of the story) this is just spin for saying that Stobart Air is up for sale. It seems nobody is interested in purchasing Stobart Air through a private sale, so the airline has been told to stand on its own merits and no longer have recourse to the Stobart Group balance sheet
Last edited by davidjohnson6; 26th Oct 2017 at 14:36.