| 19.7°C Dublin

Close

Premium

Stobart Group on hook for $100m of regional carrier's liabilities

 

Close

Deal talks: Stobart Group is headed up by CEO Warwick Brady

Deal talks: Stobart Group is headed up by CEO Warwick Brady

Deal talks: Stobart Group is headed up by CEO Warwick Brady

THE UK's Stobart Group has about $100m (€92m) of liabilities connected to Aer Lingus Regional operator Stobart Air, the Irish Independent understands.

The previously undisclosed scale of the liabilities come as it's engaged in talks to acquire struggling Dublin-based Stobart Air and Propius, both of which it once owned outright.


Most Watched





Privacy