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Stobart Air-2

Old 22nd Nov 2019, 20:31
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Originally Posted by fjencl View Post
Is Stobart Air still operating the 2 jets for BA Cityflier at LCY, or has that stopped now.
No I believe. Of the 3 they have one is at Great Dane and the other 2 are stored in SEN and will go to Flybe in early December to operate for them on LCY routes
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Old 22nd Nov 2019, 20:34
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Originally Posted by EI-BUD View Post
No I believe. Of the 3 they have one is at Great Dane and the other 2 are stored in SEN and will go to Flybe in early December to operate for them on LCY routes
Those are E190s EI-GHJ/HK that are going to Flybe. The 3 E195s are still with Great Dane.
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Old 24th Nov 2019, 10:41
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No I believe. Of the 3 they have one is at Great Dane and the other 2 are stored in SEN and will go to Flybe in early December to operate for them on LCY routes
Embraer 195 cannot operate from LCY.
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Old 6th Mar 2020, 12:10
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So, what is the happening now with Stobart Air? According to this link:

https://www.investegate.co.uk/stobar...050705181138F/
Stobart Group's initial investment was made up through the sale of Stobart Air and its aircraft leasing business, Propius. As a result, the non-cash balance sheet impact on Stobart Group is £43.3m and the additional £7m investment made in 2020. The value of both these investments will now be written down to £nil on its balance sheet. The Group has also foregone deferred interest that it would have benefitted from in future periods. Stobart Group had not expected to receive a contribution from Connect Airways until after FY 2020.
Stobart Group have sold Stobart Air - this, along with the leasing firm, has knocked £50m out of their balance sheet.

Unlike Flybe, Stobart Air is not a wholly owned subsidiary of Connect Airways. Stobart Air's Employee Benefit Trust (EBT) controls 60% of the voting rights and Connect Airways controls 40%. As such Stobart Air's ongoing ability to trade is not directly impacted by the decision to place Flybe Limited into administration.
Stobart Air is now owned by "Stobart Air's Employee Benefit Trust" - (what is this and who controls it?) and Connect Airways (of which Stobart Group own 30%)

As a result of this news, London Southend Airport will see a short-term impact, with Flybe having planned to operate ten routes from the airport from Spring of this year. However, the long-term prospects of that airport remain compelling.
The implication here is that the new routes planned from SEN will not operate - I always thought they were basically Stobart flights (designed to show the airports potential?), merely being sold through the BE front end. Certainly, there seemed to be some tension at times between what was happening at SEN and the mainline flights.

Since BE failed, the IOM and SEN ops have remained grounded, one EMB is on the deck at EDI, and the other is now flying for EI. The EIR operation is carrying on as normal - with this operation descibed as being 'insulated' from the BE failure.

Who is in control now, and where do STK go next?
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Old 6th Mar 2020, 12:44
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I would say not team up with a consortium for a few years.
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Old 6th Mar 2020, 14:18
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I don’t think well be seeing STK start independent flying from SEN/IOM at all.

Think they’ll retreat back to Aer Lingus Regional and do what they know.
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Old 6th Mar 2020, 14:52
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Originally Posted by flyerguy View Post
I don’t think well be seeing STK start independent flying from SEN/IOM at all.

Think they’ll retreat back to Aer Lingus Regional and do what they know.
This seems likely indeed. All pilots in SEN have had all their flights removed from their rosters. I can’t imagine the communication about this being good so I feel for them.
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Old 6th Mar 2020, 16:23
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Anybody heard from Mr Tinkler?
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Old 6th Mar 2020, 21:08
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Originally Posted by SWBKCB View Post
Anybody heard from Mr Tinkler?
Only what he said to the local press. You can read it on the Evening Echo site
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Old 6th Mar 2020, 21:21
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They appear to be training captains at stobart air https://www.stobartair.com/stobart-a...te-to-captain/
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Old 6th Mar 2020, 21:26
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Originally Posted by viscount3 View Post
They appear to be training captains at stobart air https://www.stobartair.com/stobart-a...te-to-captain/
They still operate Aer Lingus Regional.

This was uploaded before Flybe’s demise hence the note to IOM/SEN
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Old 6th Mar 2020, 22:49
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any talk of Stobart/EIR launch BHD? Big opportunity for them
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Old 6th Mar 2020, 23:11
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Originally Posted by DUB19 View Post
any talk of Stobart/EIR launch BHD? Big opportunity for them
Would certainly make sense. They have the aircraft spare, handling contracts in place. One assumes that any operation would mirror the ORK set-up which is at Stobarts own commercial risk which may be a factor as Stobart a likely to be a little more risk averse at the moment.
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Old 8th Mar 2020, 19:43
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Originally Posted by DUB19 View Post
any talk of Stobart/EIR launch BHD? Big opportunity for them
I do think there is a chance of Aer Lingus Regional operating the route although would suspect it might be Cityjet operated rather than Stobart operated as Cityjet operate the existing London City route to Dublin.

I think Stobart would be crazy to attempt to operate under their own brand at the moment, but an Aer Lingus franchise might work.

I'm hoping, probably unrealistically, for BA Cityflyer on the route as it would open up the possibility of onward connections at London City as well as one and done traffic. BA don't seem interested in having franchisees these days (I know there is Sun Air and Comair) although BA Cityflyer does sometimes get other airlines such as Stobart, Loganair and Eastern to operate flights for them.

Aer Lingus Regional wouldn't offer the same in the way of connections as I don't think the current Dublin to London City Aer Lingus Regional flights are offered for sale on the BA website although I could well be wrong about that. To me much of the Aer Lingus Regional model seems to be based on providing feed for connections via Dublin with the one and done traffic being a bit of an add on to this. There is no opportunity for traffic connecting in BHD.
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Old 8th Mar 2020, 20:10
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Originally Posted by ECR View Post
I do think there is a chance of Aer Lingus Regional operating the route although would suspect it might be Cityjet operated rather than Stobart operated as Cityjet operate the existing London City route to Dublin.

I think Stobart would be crazy to attempt to operate under their own brand at the moment, but an Aer Lingus franchise might work.

I'm hoping, probably unrealistically, for BA Cityflyer on the route as it would open up the possibility of onward connections at London City as well as one and done traffic. BA don't seem interested in having franchisees these days (I know there is Sun Air and Comair) although BA Cityflyer does sometimes get other airlines such as Stobart, Loganair and Eastern to operate flights for them.

Aer Lingus Regional wouldn't offer the same in the way of connections as I don't think the current Dublin to London City Aer Lingus Regional flights are offered for sale on the BA website although I could well be wrong about that. To me much of the Aer Lingus Regional model seems to be based on providing feed for connections via Dublin with the one and done traffic being a bit of an add on to this. There is no opportunity for traffic connecting in BHD.
Just a wee note,

DUB-LCY with EI is bookable through BA’s website, came across it by accident a few days ago. 😀
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Old 18th Mar 2020, 17:34
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Just seen an Irish news report that Connect Airways are in Administration..........

Hope Stobart Air can be kept going.
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Old 18th Mar 2020, 18:21
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Stobart Air holding company falls into administration
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Old 18th Mar 2020, 20:11
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What does this mean for Aer Lingus Regional?
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Old 18th Mar 2020, 21:16
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Originally Posted by DUB19 View Post
What does this mean for Aer Lingus Regional?
Nothing. Connect Airways have been in administration since 10th March, Stobart Air and the Aer Lingus Regional routes have not affected by the administration at all.
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Old 19th Mar 2020, 10:34
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Connect Airways controlled 49% of Stobart Air which technically the 49% sits with EY, the administrators.

They are talking I believe but doesn't say specifically what.
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