Ettyl Responds to Airline’s Collapse

Ettyl, a local firm which had agreed to buy Stobart Air and Carlisle Lake District Airport, has confirmed the deal is dead after the airline began the process of appointing liquidators.

It was announced earlier today that Stobart Air has ceased trading and its board was in the process of appointing liquidators.

A spokesperson for Ettyl said: ‘In response to the decision of the Board of Stobart Air to appoint a liquidator to the business and to cease operations, our thoughts are with all the staff and passengers affected. Ettyl Limited can confirm that it has received termination notices from Esken in respect of the proposed transactions for Stobart Air and Carlisle Lake District Airport.’

The proposed purchase was said to have stalled earlier this month when funding for the deal fell through and Ettyl called in the police over paperwork supplied by a proposed third party funder.

Stobart Air operated the only route from Ronaldsway to Dublin on behalf of Aer Lingus but the route was suspended last year as a result of the pandemic.

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