New Stobart airline?

[amyisraelchai]

Just noted "CTP (UK) HOLDINGS 1 LIMITED" on Companies House - incorporated by William Stobart (Deputy CEO of the Culina Group which owns Eddie Stobart) in February. Its stated nature of business is scheduled passenger air transport.

Another Stobart-backed airline, or just hedging their bets for the future? I'm of the opinion that, in the right hands, a slimmed-down Stobart Air could have survived the loss of the EI contract, with a few ATRs catering for ad-hoc charters as well as the increasing trend of carriers looking for locally-sourced ACMI (other than Eastern!).

Does anybody have further insight into what, if anything, could come of this?

[SWBKCB]

Isn't this the Stobart haulage arm that got split from what became the Esken disaster?

[Whaupshank]

It is. Now part of the Culina Group. They own the rights to the Stobart name.

[Alteagod]

Maybe a takeover bid for Eastern or Loganair?

[DC3 Dave]

Originally Posted by SWBKCB

Isn't this the Stobart haulage arm that got split from what became the Esken disaster?

Sort of. The Stobart Group sold the haulage part way back in 2014, but retained and licensed the Stobart name to the truckers for many years.

I have a feeling this could become a very interesting thread to follow over time

[Alteagod]

Correct. I think this is the early seeds of something. Not a clue what but definitely a something worth keeping an eye on.

[Skipness One Foxtrot]

Originally Posted by Alteagod

Maybe a takeover bid for Eastern or Loganair?

You don't need to takeover Loganair, you could just buy them. They've been on sale.

[VickersVicount]

Scottish airline Loganair no longer up for sale https://www.bbc.co.uk/news/uk-scotla...iness-67018371

[SouthernAlliance]

Originally Posted by VickersVicount

Scottish airline Loganair no longer up for sale https://www.bbc.co.uk/news/uk-scotla...iness-67018371

Any business is for sale at the right price!

[Skipness One Foxtrot]

Originally Posted by VickersVicount

Scottish airline Loganair no longer up for sale https://www.bbc.co.uk/news/uk-scotla...iness-67018371

Only because they didn't get an acceptable offer, the Bond brothers are not going to be around forever and so the company would likely be open to an approach.