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Stobart Air owners left in the dark as airline faces uncertain future

John Mulligan


The company's 450 staff own majority stake following Brexit move

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Grounded: Before the pandemic, Stobart Air was operating about 1,000 flights a week between Ireland and the UK

Grounded: Before the pandemic, Stobart Air was operating about 1,000 flights a week between Ireland and the UK

Grounded: Before the pandemic, Stobart Air was operating about 1,000 flights a week between Ireland and the UK

The majority owners of Stobart Air - its 450 staff - have been left in the dark amid a series of complex deals over the past 14 months that culminated this week in an agreement to sell 49pc of the business.

In the past number of weeks, Stobart Air, the Aer Lingus Regional operator, had all the looks of being just another Covid-19 victim. But the foundations of the Dublin-based carrier's woes were laid long before the current crisis unfolded, and staff are now looking for some answers.

First, let's take a short trip down memory lane, to 18 months ago.