[an error occurred while processing this directive]
[an error occurred while processing this directive]
On-Air Now
Listen Live

Stobart Group invest in Aer Arann

Fri, 05 Nov 2010

The high court in Dublin is expected to approve a scheme today that will see Aer Arann come out of examinership.

The move will safeguard over 500 jobs that had been in jeopardy.

The company have announced investment from the current owners plus a large investment from the Stobart group, which already owns Southend airport in London.

The airlines chief exec has said "its a very good day for Aer Arann" and "we are very well positioned for the future"

Infrastructure Minister Phil Gawne gave this reaction


  • Infrastructure Minister Phil Gawne


Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed