UK’s Stobart Air and Carlisle airport sold to Isle of Man investor

UK regional carrier Stobart Air is to be sold to an Isle of Man-based investor, Ettyl, which is also acquiring the northern UK’s Carlisle Lake District airport. Stobart Air, which operates regional services under a franchise arrangement with Irish carrier Aer Lingus, and the airport are being divested by aviation and energy company Esken – formerly known as Stobart Group before a name change in February. Ettyl says it intends to retain all staff currently employed by the airline and the airport, and aims to detail development plans over the next few months. “[We see] significant opportunities for increased regional connectivity as economies recover from the impacts caused by the pandemic and return to stability across the UK and Ireland,” says Ettyl CE Jason Scales. The details of the transaction which interlinks the airline, the airport and the aircraft leasing company Propius, are complex. Story has full details.<br/>