Who owns Stobart Air?
It's a question that pilots, certainly, at the carrier are asking now after Stobart Group announced its deal yesterday that sees it left with a near 79pc economic interest in the Dublin-based airline and a related aircraft leasing unit.
It's little wonder the flight crew are perplexed.
Last year, the 450 staff at Stobart Air received what was apparently a 51pc windfall stake in the carrier from Stobart Group, which then solely owned the airline.
That was to ensure Stobart Air would, post-Brexit, continue to comply with EU rules that carriers must be more than 50pc-owned by European Union nationals.
Stobart Group said yesterday that its deal to buy Stobart Air leaves it with a 40pc voting interest and 75pc economic interest in the ultimate holding company of both Stobart Air and Propius: UK-registered Everdeal 2019.
It also gives it, the group said, a 15pc stake in the company that holds the remaining 60pc voting interest and 25pc economic interest in the holding company, with the Stobart Air Employee Benefit Trust retaining the balance.
So while it appears that Stobart Group owns 49pc of the voting rights of Everdeal 2019, it controls, as it said, 78.75pc of Everdeal's economic interest in Stobart Air and Propius.
So were staff wrong to believe they'd been given the 51pc stake in Stobart Air?
Certainly, it appears they were wrong to ever think that they held a 51pc economic interest in the airline, whatever about voting rights.
But therein lies a crucial issue.
The Commission for Aviation Regulation (CAR) has previously insisted that Stobart Air complied with EU ownership rules.
Again, those rules state that majority ownership and control of EU carriers must lie with EU nationals.
CAR continued to insist yesterday that Stobart Air remains in compliance with EU rules, despite the ownership change and a British, non-EU company now controlling more than 50pc of the economic interest in the carrier.
Staff at Stobart Air have been left scratching their heads as to how this can be, and just where the 51pc stake they thought they had in the airline has now vanished to.
They are questions that might ultimately be only answered by lawyers.