Stobart Air shuts down all operations, will be liquidated

 

Stobart Air (Dublin) today suddenly announced it was ending its Aer Lingus franchise and ceasing all operations.

In April 2021, Isle of Man-based company Ettyl Limited reached an agreement to buy the Esken shareholding in Stobart Air.

On June 11, 2021, Esken stated it was now clear that Ettyl was unable to conclude the transaction to acquire Stobart Air.

Esken terminated the agreement with Ettyl.

Last night, Esken advised the Board of Stobart Air that it would not continue to provide financial support for Stobart Air operations. No other purchaser could be found.

Aer Lingus Regional-Stobart Air ATR 72-212A (ATR 72-600) EI-FCZ (msn 1159) SEN (Keith Burton). Image: 928783.

Above Copyright Photo: Aer Lingus Regional-Stobart Air ATR 72-212A (ATR 72-600) EI-FCZ (msn 1159) SEN (Keith Burton). Image: 928783.

All Aer Lingus franchise and BA wet-lease flying was terminated with immediate effect. All flights are cancelled today. The Board of Stobart Air is now in the process of appointing a liquidator.

Aer Lingus Regional-Stobart Air slide show:

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