On Air One to Three Christy Dehaven | 1:00pm - 3:00pm

Packet now on sounder footing, says chairman

The chairman of the Steam Packet says the company is now on a sounder financial footing after significantly reducing its debt.

That debt stood in the region of £220 million three years ago.

But after a year of negotiations with its syndicate of lenders, Robert Quayle says the company can now plan for the future with confidence.

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