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Stobart Air staff did own majority stake, airline boss insists

Stobart Group says Aer Lingus Regional routes 'would be attractive to a range of airlines' if contract is not renewed

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Stobart Air operates the Aer Lingus Regional service on a franchise basis.

Stobart Air operates the Aer Lingus Regional service on a franchise basis.

Stobart Air operates the Aer Lingus Regional service on a franchise basis.

STAFF at Dublin-based Stobart Air did own a majority stake in the Aer Lingus Regional operator prior to a deal last week that saw the UK-based Stobart Group retake control of the business, its managing director has insisted.

But Stobart Air boss Andy Jolly has told the 450 staff in a memo that their ownership was via voting control and did not specify if they had a majority economic interest in the carrier.

Stobart Group has also said that routes operated between Ireland and the UK by Stobart Air under the current Aer Lingus Regional contract would be attractive to other airlines in the event that Stobart Air does not secure an extension to that contract, which expires at the end of 2022.