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Stobart Group’s Stobart Air clinches services deal with BA CityFlyer

The support services firm said the arrangement between the two airlines would see Stobart Air provide ACMI services for operating routes to and from London City Airport

BA aircraft
BA CityFlyer is the the short-haul arm of British Airways

Stobart Group Ltd (LON:STOB) said its regional airline, Stobart Air, has secured a deal to provide new aircraft, crew, maintenance, and insurance (ACMI) services to BA CityFlyer, the short-haul arm of British Airways.

The FTSE 250 support services firm said the arrangement between the two airlines would see Stobart Air provide ACMI services for operating routes to and from London City Airport under the BA CityFlyer brand from November 16.

WATCH: Stobart Group making big strides in Aviation and Energy divisions

Stobart Air also said it intended to recruit 10 new captains and 30 cabin crew to its staff, while also agreeing to lease two Embraer 190 jet aircraft under a three-year lease to Republic of Ireland-based Nordic Aviation Capital to service the new routes.

Graeme Buchanan, managing director of Stobart Air, said the agreement with BA CityFlyer allowed the firm to diversify the brands the company works with and secure “additional commercial relationships with airlines”.

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Price: 112.4 GBX

LSE:STOB
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Market Cap: £421.11 m
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