Operations pushed back to 2022
Esken Limited's delayed the restart of commercial passenger services from London Southend airport.
The Isle of Man based company, formerly known as Stobart Group, has put back operations until Spring of next year.
They have two core assets, Southend Airport and biomass fuel provider Stobart Energy.
As a result shares dropped one point two per cent at midday today to fourteen point sixty eight pence.
Ryanair is following easyJet and pulling out of Southend at the beginning of November.
WizzAir has one route in and out of the airport but it's currently suspended.