Stobart Group has a clear and focused strategy to drive commercial growth in its Aviation and Energy divisions.
Growth in Stobart Aviation will be driven by opportunities at London Southend Airport arising from the commercial agreements with Ryanair, easyJet and Wizz Air together with other airline partners. These agreements provide confidence that the airport will record significantly increased passenger numbers in 2019, with the Group targeting 5 million passengers in the year February 2022.
Similarly, Stobart Energy has immediate opportunities to generate significant, sustainable operating cashflows based on the long-term contracts it has in place to deliver circa 2 million tonnes per year of waste fuel.