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stobart air news

The turning point for the airline was in 1994 when Pádraig Ó Céidigh and Eugene O'Kelly purchased the airline. [11][12], On 7 April 2011, Aer Arann confirmed it would end its PSO (Public Service Obligation) routes after the Irish Government withdrew funding for the routes, which included Dublin to Galway, Knock and Sligo. Please ensure your carry-on baggage is within the specified allowance. [36], On 27 April 2020, Stobart Group bought back Stobart Air and Propius Leasing from the Connect Airways bankruptcy administrators. [19], On 30 April 2013, Aer Arann's ownership was restructured. On 19 March 2014, Aer Arann announced that it would be changing its corporate name to Stobart Air by the end of 2014.[5]. [35] Stobart Air itself did not go into administration, and in mid-April Stobart Group announced that it was "reviewing all options" with the administrators, including the possibility of buying back Stobart Air and its sister company Propius Leasing, believing that the two companies have a viable future after the pandemic. Stobart Air to continue flying? Stobart Group was therefore expected to buy his 47.5% shareholding in Everdeal Limited by the beginning of February 2013. On 6 November 2012, Aer Arann announced it was pulling out of Waterford, as its services had not performed to a "sustainable level". It was understood by the high court in Dublin that Aer Arann would return to profitability in 2011. [33], On 5 February 2019, it was announced that Stobart Air would wetlease one of its E195s to KLM Cityhopper to operate four flights daily between Amsterdam and Geneva and four between Amsterdam and Dublin. Stobart Group, the owner of Southend Airport, has plans to change its name - it has been revealed. In 2007, Aer Arann had a turnover of €100 million and passenger numbers in excess of 1.15 million. [32] The deal was completed on 21 February 2019, despite a last-minute rival bid. Stobart Group Ltd (LSE: STOB) is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland.The company is registered in Guernsey but has its operational head office in London England.. Stobart Group Ltd originally started in January 2002 as the Westbury Property Fund Limited, a closed-ended real-estate investment fund. The airline employs over 570 people. In 1970, with a small fleet of BN-2 Islanders, James Coen and Ralph Langan began operating reliable, value-for-money flights for the one thousand inhabitants of Inishmore, a small island off Ireland’s wild and windswept west coast. It must fit inside the gauge units at the airport (including wheels and handles). [14], On 8 February 2012, Aer Arann's Chief Executive Paul Schutz resigned, and was replaced by Sean Brogan, the head of Stobart Ireland. Stobart Air’s story begins nearly fifty years ago. Aer Arann was established in 1970 by James Coen and Ralph Langan to provide an island-hopping air service between Galway and the Aran Islands off the west coast of Ireland. Ó Céidigh and O'Kelly began to expand the airline's routes and fleet, launching scheduled services in 1998. This was announced in a notice to… This process will coexist with the Irish Examinership process. These aircraft were leased to Flybe until the end of 2018. Also Stobart Air is in talks with Aer Lingus to extend its franchise agreement beyond 2022. This diluted Chairman Pádraig Ó Céidigh's shareholding to 47.5% and Tim Kilroe's shareholding to 7.5%. [24][25] It was further announced in November 2014 that Stobart Air was also to operate two routes from Cardiff to Edinburgh and Paris-Orly, on behalf of CityJet, from 1 December 2014. Aer Arann was featured in the 1997 romantic comedy, The MatchMaker and in the 2014 film Calvary. Aer Arann is now owned by Everdeal Limited, which at the time became 67.5% owned by Pádraig Ó Céidigh, Aer Arann's Chairman; 27.5% owned by Tim Kilroe, a UK-based businessman; and 5% owned by the Stobart Group, through 35 preference shares of €1 each acquired on 10 November 2010. Stobart Group will contribute Stobart Air and Propius, Stobart’s aircraft leasing business into Connect Airways. [28], On 11 January 2019, Stobart Aviation and Virgin Atlantic formed the Connect Airways consortium to make a takeover bid for Flybe. Belfast City Airport secures six routes to the UK commencing from 27 August   Stobart Air, operator of Aer Lingus…, Stobart Air announces phased resumption of international services with enhanced health and safety measures Following guidance from the European Union…, Stobart Air 1 Northwood Avenue, Santry, Dublin 9, D09 V2F7, Ireland Find Us, Customer Privacy Notice Website Privacy Policy & Cookie Notice Employee & Job Applicant Privacy Notice Cookie Settings, Belfast City Airport secures six routes to the UK commencing from 27 August, https://stobartair.com/wp-content/uploads/2020/07/Six-New-Routes-for-Belfast-City-Airport2.jpg, Stobart Air announces phased resumption of international services with enhanced health and safety measures, https://stobartair.com/wp-content/uploads/2018/12/Generic-cabin-crew-1.jpg. The flights were executed between 25 February and 30 March. Norwegian on December 8, 2020 filed for a reconstruction under Norwegian law. The group will be known as Esken if shareholders approve the change in a vote on 3 February. The Carlisle-based aviation and energy infrastructure group sold the Eddie Stobart and Stobart trademarks to Eddie Stobart Logistics back in May, with the name change set to take effect by the end of February. [7] The airline stated that up to 100 redundancies would be needed, but this was later revised to 70 which would represent a 20% reduction of staff. [38], Destinations flown by Aer Arann before 2012 then onwards operating for Aer Lingus Regional.[39][40]. Stobart Group has an option to acquire complete control of the airline, by increasing its shareholding by a further 55% to 100%. [9][10], On 10 November 2010, the deal was completed. The airline employs over 570 people. The Amsterdam service, which was operated by an ATR 72-500, ended on 14 January 2009. Dublin-based carrier Stobart Air, which operates the Aer Lingus Regional service, will be sold by the end of the month, its UK parent has insisted. [7][8], In October 2010, British logistics company Stobart Group was named as the preferred buyer for the airline, also announcing that the airline would serve London Southend Airport from March 2011 to destinations in Ireland and possibly France and open a base there. [4] The airline operated scheduled services on behalf of Aer Lingus Regional. Get up to date with the latest news and stories about the company Stobart Air at The Irish Times. Stobart Air, operator of Aer Lingus Regional, will base five ATR72-600 aircraft at Belfast City Airport. Unfortunately however we have an aircraft leaving the fleet and this has an obvious but regrettable impact on our schedule. Two trademarks were sold for £10m its shareholding to 100 % by the beginning of February 2013 [ 31 on. 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