Loganair currently on sale

The regional airline headquartered in Scotland is looking for a new owner.

The announcement was recently made by Jonathan Hinkles, the carrier’s CEO, after both shareholders Stephen and Peter Bond decided to sell Loganair following 25 years of management and 10 years of ownership.

Hinkles explained:

“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. [...]

“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. [...]

“As well as continuing to run a great airline which is also a great business - and you need to be both - my responsibility to our 840-strong team and to the many communities that Loganair’s services support will be as important as ever.”

According to the CEO, the airline, currently the UK’s largest regional carrier, is going to soon renew its fleet, while is “performing strongly” and expanding its schedule for the 2023 summer season thanks to increasing demand from passengers, especially on routes such as Edinburgh to Southampton, Exeter and Bergen, as well as Glasgow and Southampton set to start operations as soon as June 19.

 

Source: businesstravelnewseurope.com