The right ingredients to grow
A clear strategy to develop valuable growth assets from aviation
We are focused on creating value for all our stakeholders.
Esken has undergone a significant transformation to focus solely on developing its aviation business. Esken has instilled strict financial discipline throughout the organisation, has simplified its liabilities and established a transparent financial structure. The business retains £39.7m of residual non-core assets which will be disposed of to further reduce debt and return value to shareholders.
London Southend Airport benefits from an experienced strategic partner, Carlyle, which brings a track record of airport development and Esken has provided liquidity to support the airport through to cash break-even. The Carlyle partnership will be important as short-haul commercial passenger flying returns to pre-pandemic levels. Established London airports will return to being capacity constrained and airlines will require a new base to support their growth.
London Southend Airport can respond to this opportunity, benefiting from an award winning passenger experience, London catchment area, direct trains and the ability to grow meaningfully with sustainable aviation at its core.