Southend Airport owner Esken enters administration

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The company behind Southend Airport and former Eddie Stobart owner Esken has confirmed that it fell into administration on Thursday. Esken said that administrators from AlixPartners had been appointed after it earlier in the day revealed that a potential restructuring plan was no longer “commercially viable.” But a deal which secures the future of London Southend Airport is unlikely to be affected by the administration, the business said. The board has now regrettably concluded that the company should be placed into administration in order to protect the interests of stakeholders Esken statement At the time, Esken said that it was trying to run a restructuring plan which could take several months. Esken used to be called Stobart Group, and was the business which owned logistics company Eddie Stobart.