'For sale' Scottish airline turns profit for first time since pandemic
Loganair's audited accounts set out a profit before tax of £4.98m on a turnover of £161m.
news.stv.tvHere are the latest headlines I can share based on current public coverage:
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Loganair owners have paused or suspended sale discussions, keeping the airline under the Bond family’s control for the foreseeable future. This move allows continued focus on fleet renewal and system upgrades.[1][4]
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The carrier has been actively renewing its fleet, replacing Saab 340 props with ATR 72-600s and upgrading onboard systems on Embraer 145s as part of a broader efficiency drive.[2][4]
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Loganair returned to profitability in recent years, helped by diversified revenue streams including charter work and long-term Royal Mail flying contracts, even as passenger numbers fluctuated.[3]
If you’d like, I can pull more precise, up-to-date articles and summarize them, or set up a quick alert for(Loganair) news. I can also provide a brief timeline of the fleet renewal program and key contract wins if that would help.