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Stobart Group Regulatory News (STOB)



Regulatory News for Stobart Group (STOB)


Share Price: 194.00Bid: 192.80Ask: 193.40Change: 0.00 (0.00%)No Movement on Stobart
Spread: 0.60Spread as %: 0.31%Open: 196.40High: 201.00Low: 187.40Yesterday’s Close: 194.00





Further update on new routes

Thu, 22nd Dec 2016 07:00

RNS Number : 5481S
Stobart Group Limited
22 December 2016
 

Stobart Group Limited ("Stobart" or the "Group")

 

Further update on new routes at London Southend Airport

 

On 5 December 2016, Stobart Group announced its decision to operate flights from London Southend Airport ("LSA") through Stobart Air's existing franchise arrangement with Flybe.

As a further update, the Group is pleased to announce that 12 new European routes are now confirmed, operating through the franchise arrangement with Flybe, from May 2017. Tickets for these new routes will be on sale from today, 22 December 2016.  The new routes include Budapest, Milan and Venice. Further routes are expected to be added at a later date.

This takes the number of routes operating from LSA to 28 routes from Spring 2017.

Andrew Tinker, Chief Executive Officer of Stobart Group, said: "The confirmation of new routes from London Southend Airport today further builds on the strategic growth platform we have created in Stobart Group's Aviation Division. This is part of the next stage of our strategy to build new passenger routes at London Southend Airport, capitalising on the growing demand in the South East."

 

Enquiries:

 

Stobart Group Limited                                    +44 20 7851 9090

Andrew Tinkler, Chief Executive Officer

Mark Adams, Chief Financial Officer

 

Redleaf Communications                                +44 20 7382 4730

Charlie Geller

Sam Modlin

 

influence Associates                                        +44 20 7287 9610

Stuart Dyble

James Andrew

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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