Loganair

Scottish airline Loganair is up for sale

Share

Scottish airline Loganair is being sold by its owners Stephen and Peter Bond, reports The Herald.

The Glasgow-based airline is the UK’s largest regional airline and has 840 staff. Loganair operates 46 aircraft, mostly Embraer ERJ-145, Saab 340 and ATR 72s and 42s, on regional routes across the UK and to Norway.

Jonathan Hinkles, Loganair chief executive, said on LinkedIn: “After 25 years of involvement in Loganair including the last 10 years as sole owners, our shareholders Stephen and Peter Bond are working to find a new custodian for ‘Scotland’s airline’. It’s for the best of reasons – Stephen is now 72 years of age and wishes to step back from day-to-day business. That’s really the beginning, middle and end of the story right there.

He added: “What is very clear is that Stephen and Peter Bond are committed to finding the right future owner for Loganair – very much its keeper for the next generation, just as they themselves have been.”

He further said: “We have exciting times ahead, and we’ll keep working hard to look after our team and our customers. And just in case they’re reading, we won’t be short of energy to keep ahead of our rivals too!

The carrier has increased its flight schedule for next summer, announcing more services across key routes.

 

This post was published on 9 October 2022 17:18

André Orban

M. Sc. Engineering

Published by
André Orban

Recent Posts

Greece orders 8 Airbus H215 helicopters to strengthen wildfire response

Athens has signed a deal with Airbus Helicopters for eight H215 helicopters, with options for…

30 April 2025

Air France-KLM Group posts stronger Q1 2025 with €161M operating improvement and €783M free cash flow

Air France-KLM began 2025 with a €161 million year-on-year improvement in operating result, bringing Q1…

30 April 2025

Lufthansa lands Airbus A380 in Denver for the first time

Lufthansa has operated its first-ever Airbus A380 flight to Denver, marking a milestone for both…

30 April 2025

KLM Group Q1 2025: cost-saving measures show early impact amid ongoing challenges

KLM Group reported €2.9 billion in revenue for Q1 2025, up 8% year-on-year, while narrowing…

30 April 2025

Boeing 787 Dreamliner surpasses 1 billion passengers in under 14 years

Boeing announced that its 787 Dreamliner fleet has carried over 1 billion passengers, achieving the…

30 April 2025

IATA March 2025 air passenger traffic summary: Growth continues amid capacity outpacing demand

Global air travel demand rose by 3.3% year-on-year in March 2025, slightly up from February’s…

30 April 2025