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Carlisle Lake District Airport owner goes into liquidation

Esken Limited ( Esken or the Group ): Update on Stobart Air; Potential strategic partnership for LSA; and funding and trading update

LONDON, June 12, 2021 /PRNewswire/ Esken, the aviation and energy infrastructure group, issues the following update ahead of publishing its preliminary results for the year ended 28 February

Stobart Air goes into liquidation - cumbriacrack com

Police alerted to paperwork behind deal for Stobart Air

Carlisle airport takeover financing no longer available , say current owners

The proposed takeover of Carlisle Lake District Airport has suffered a setback due to financing concerns. Isle of Man-based operators Ettyl had announced in April that a deal had been reached for the sale of the airport. But a spokesperson for current owners Esken told the London Stock Exchange that the proposed financing for the transaction is no longer available . They added that Ettyl was working on another potential source of financing. The spokesperson added: “Esken is investigating these matters and seeking further information, including with regard to the impact this may have on the ability of Ettyl to finance the transaction and obtaining the change of control consents required in order to complete the transaction.

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