Air rage! Airport boss is fired in extraordinary bust-up over £30m shares and failed Flybe takeover



A tussle for control of Southend Airport turned into an all-out war last night after the former chief executive was fired from his seat on the board and accused of trying to cash-in £30million of shares.
Stobart Group, owner of the airport, and its ex-boss Andrew Tinkler are suing each other in a spat that has dragged in some of the City's biggest names, including fund manager Neil Woodford.
Ironically, the row threatens to tear apart the business just a day after it received a major boost when budget airline Ryanair announced it would be opening a new base there next year.
The row began on... read more

 
Thursday, 22:23 in Business, Views: 73
Source: Daily Mail
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