Southend Airport insists it's 'business as usual' despite owner calling in administrators – Travel Gossip

Select Page
Southend Airport owner Esken has confirmed that it has gone into administration.
It said that a potential restructuring plan was ‘no longer commercially viable’.
However, a deal to transfer a majority stake in the airport to private equity investor Carlyle and Cyrus Capital Partners is still progressing, it said.
Southend Airport CEO John Upton said the announcement by Esken ‘has no impact on LSA and it’s business as usual for all our passengers, airlines and teams here at the airport’. 
He added: “The ownership transition of London Southend Airport to Carlyle and Cyrus Capital Partners from Esken PLC is progressing at speed and we’re all looking forward to the completion of this process very soon, which will further cement a financially strong future for our airport.
“With our busiest summer in five years coming up, we’re focused on serving the thousands of passengers who’ll be travelling with us each week to a range of wonderful destinations including Spain, the Netherlands, France, Portugal, and Switzerland.  
“Excitingly, our fast-growing winter programme for 2024/25 has also just gone on sale.”
Share this article

Australian’s newest budget airline, Bonza, has gone into voluntary administration, cancelling all…

Premier Inn owner Whitbread is to reduce the number of restaurants in its portfolio and build more…

Cosmos Tours and Avalon Waterways have been awarded for their high levels of customer service. The…

Refuelling workers at Heathrow airport have called off their planned strike that was due to begin…

Agents and passengers were left scrambling to rebook easyJet flights after the airline…
View all news
News
News Homepage
View All News
Partner News
Product News
Up For Grabs
Press Releases
Products & Services
Travel Trade Marketing
Bespoke Events
Big Agent Rewards
Travel Gossip Facebook Group
Events
Travel Gossip Roadshow
View Events Calendar
Subscribe to Events Email
Event Organisers Login
Site
About Us
Our Team
Contact Us
Cookie Policy
Privacy Policy
Scam Warning
News Updates
Travel Gossip ® is a registered trademark (#UK00003607727)

source