Irish regional airline CityJet has withdrawn from talks to acquire UK regional Stobart Air, formerly known as Aer Arann, saying the negotiations were taking too long. “In my experience, most significant corporate transactions have a certain life and, if completion is not reached within that window, the dynamics shift and people tend to move on. Naturally, we are very disappointed as we have been highly motivated to try to finalize this deal. We saw Stobart Air as a really good fit for ...

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