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amyisraelchai
16th Jun 2024, 19:07
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
16th Jun 2024, 20:08
Isn't this the Stobart haulage arm that got split from what became the Esken disaster?
Whaupshank
16th Jun 2024, 20:17
It is. Now part of the Culina Group. They own the rights to the Stobart name.
Alteagod
17th Jun 2024, 14:10
Maybe a takeover bid for Eastern or Loganair?
DC3 Dave
17th Jun 2024, 14:27
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
18th Jun 2024, 11:08
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
18th Jun 2024, 11:18
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
18th Jun 2024, 11:49
Scottish airline Loganair no longer up for sale https://www.bbc.co.uk/news/uk-scotland-scotland-business-67018371
SouthernAlliance
18th Jun 2024, 12:04
Scottish airline Loganair no longer up for sale https://www.bbc.co.uk/news/uk-scotland-scotland-business-67018371

Any business is for sale at the right price! :ok:
Skipness One Foxtrot
18th Jun 2024, 12:43
Scottish airline Loganair no longer up for sale https://www.bbc.co.uk/news/uk-scotland-scotland-business-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.