Stobart woos City to fly from London Southend airport

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Stobart is to embark on a big push to woo waves of suits from the City to its London Southend airport, the logistics giant has revealed.

It hopes to see the number of passengers using the Essex airport soar to 2.5 million a year by 2018 — more than double the 900,000 customers it attracted in the year ending February 29.

Stobart’s aviation boss Glyn Jones told the Standard: “This summer will mark our most significant push to attract more London-based holidaymakers and City workers.”

From next month, the company will advertise on London radio stations “to get across the message that the airport is accessible and quick to reach from the centre of the capital”.

Talks are also under way to add new routes from the airport.

Stobart today reported that group revenues had increased by 8.6% to £126.7 million. Underlying pre-tax profit jumped to £18.4 million from £9.3 million.

Chief executive Andrew Tinkler reported improved profitability in all of Stobart’s five divisions, including rail and energy.


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May 12, 2016 |
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