Airlines, Airports & Routes Topics about airports, routes and airline business.

Stobart Air-2

Old 16th Nov 2020, 10:23
  #641 (permalink)  
 
Join Date: Apr 2007
Location: EDI
Posts: 176
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by TartinTon View Post
I'm sure it did but I'm assuming that the additional positioning in/out costs every week weren't insignificant....
The first year CF did very well crewing the flights from IBZ,AGP,PMI etc, positioning crews out to via LCY. The following year they crewed the flights via taxi to BRS,BHX. This was the down fall. Loads of delays due to traffic and delayed Taxi’s. A days flying followed by a long taxi back to LCY. Increased fatigue and sickness.
RJ100 is offline  
Old 16th Nov 2020, 16:39
  #642 (permalink)  
 
Join Date: Apr 2003
Location: Northumberland
Posts: 7,088
Received 1 Like on 1 Post
Stobart Group still intends to divest its regional operator Stobart Air by the end of the financial year, despite Irish carrier Aer Lingus’s deciding not to renew a franchise agreement with the company.

Aer Lingus has been using Stobart Air for regional connections for several years and Stobart Group had aimed to enhance the attractiveness of the carrier to a potential buyer by sealing a long-term agreement with Aer Lingus beyond 2022.
Brady states that Stobart Air can “enter negotiations” with Aer Lingus’s chosen franchisee given the “anticipated interest” in the Stobart fleet of ATR turboprops. Stobart Group has a right to break early from its lease agreement of eight ATRs in April 2023, if it is not awarded the franchise deal. This would cost the group $21.2 million, plus finance and maintenance fees.

Stobart Group points out that its investments in Stobart Air and Propius are fully written down. It states that Stobart Air will continue to provide a “high-quality service” to Aer Lingus for the remainder of the franchise term. “It is well placed to build on eight years of reliable, customer focused connectivity between Ireland and the UK and utilise its European air operator’s certificate to operate out of Ireland and seek further franchise or independent flying arrangements,” the group adds.
https://www.flightglobal.com/airline...141139.article
SWBKCB is online now  
Old 16th Nov 2020, 19:04
  #643 (permalink)  
 
Join Date: Nov 2007
Location: Northern Ireland
Posts: 194
Likes: 0
Received 0 Likes on 0 Posts
That makes sense with Emerald Airlines might buy Stobart Air

“Emerald Airlines looks forward to these negotiations in the coming weeks with a view to concluding a binding contract and progressing with our ambitious plan to roll out a fleet of 15-plus ATR72 Aer Lingus-branded aircraft from Dublin, Belfast, Cork and Shannon,” he said.
https://www.irishtimes.com/business/...ines-1.4409692
allan1987 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell or Share My Personal Information

Copyright © 2023 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.