London Southend Airport was hit particularly hard by the Corona pandemic, as many routes have been eliminated and, apart from a few charter flights and individual Easyjet routes, it has become very quiet. The parent company Esken is now looking for a buyer.
The group confirmed last week that it is currently examining the possibility of selling London Southend Airport. The financial report also mentions that the airport is to be sold. CFO Lewis Girdwood was quoted as saying: « It is in everyone’s best interests to secure the long-term potential of the Group’s operating businesses, Esken Aviation and Esken Renewables, and to create value for Esken shareholders through an orderly divestment of the two businesses to accomplish. A sale of the aviation business will focus on London Southend Airport, with the goal of finding a buyer who has the capital to support the airport’s growth over the long term. »
When asked, a SEN spokesman said: « The Board is motivated by the progress made in the renewables sales process and now has a solid basis to move forward with the London Southend Airport sales process. » inform the market of further significant advances over the coming months. »
The post London Southend Airport for Sale appeared first on Aviation.Direct.
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