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IN BRIEF: Stobart Confirms Talks For Potential Stobart Air Sale

4th Sep 2020 18:24

Stobart Group Ltd - owner of Southend Airport - Confirms article written by Irish Independent that it is in early stage talks with several parties, including aircraft lessor Falko Regional Aircraft Ltd, for the potential sale of Stobart's stake in Stobart Air and Propius.

Stobart Air operates the Aer Lingus regional airline, while Propius is an aircraft leasing business.

https://www.independent.ie/business/irish/cityjet-owner-falko-in-talks-to-acquire-stobart-air-39502051.html

Current stock price: 24.00 pence

Year-to-date change: down 77%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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