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

14 June 2018 in Business, Views: 78
Source: Daily Mail

News Widget for Webmasters

Realtime News


Mo Tu We Th Fr Sa Su
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31