Stobart pulls out of Teesside International Airport
Teesside Airport Esken, the company behind struģgling Stobart Aviation Ltd, has returned its quarter-share in Teesside International Airport for a “nominal” sum. The aviation sector has been blindsided by Covid-19. However, Stobart Aviation Ltd posted losses of £53 million in the year to 29th February 2020 – before the first lockdown.Continue Reading