London Southend Airport Owner Agrees To $173M Loan

London Southend Airport
Credit: John Keeble/Getty Images
LONDON—Esken, the parent company of defunct UK regional carrier Stobart Air, has negotiated a £125 million ($173 million) seven-year loan with Carlyle Global Infrastructure (CGI), convertible to a 30% stake in London Southend Airport (LSA). The fresh funding follows the twin blows of Stobart Air’s...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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