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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Stobart Group Ld | LSE:STOB | London | Ordinary Share | GB00B03HDJ73 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 34.50 | 34.55 | 34.95 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSTOB
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
END
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(END) Dow Jones Newswires
December 22, 2016 02:00 ET (07:00 GMT)
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