Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Glasgow Live
Glasgow Live
National
Amy Duffy

Glasgow-based airline Loganair up for sale as current owners set to retire

Glasgow-based airline Loganair, which is also the UK's biggest regional airline, has been put up for sale.

Scottish brothers Stephen and Peter Bond, who have owned the business for the last 25 years, are looking for new owners, with the company flying 44 aircraft to more than 40 destinations across Europe and the British Isles, according to its website.

Company figures show it flies up to 1,000 flights a week and employs more than 900 people.

READ MORE: Granny's stories inspire American dad to trace family tree to Paisley rug weaver

The airline's chief executive, Jonathan Hinkles, told the BBC: "The airline is trading profitably and has repaid its Covid-19 bank debt ahead of schedule.

"It will very much continue to operate as it is today, with no changes to routes, services or employment.

"Passenger numbers are growing and 50% ahead of pre-pandemic levels, and our fleet renewal programme is also well advanced, continuing apace over the coming months."

He added: "The Bonds - Stephen is now 72, Peter is 61 - are committed to finding the right future owner for Loganair, who will act as its custodian for the next generation, just as they and previous owners have done.

"In the meantime, they remain, wholehearted supporters of Loganair, until any process is successfully concluded."

READ NEXT:

Glasgow footballer Gavin Stokes who scored one of fastest ever goals dies in car crash

Peter Tobin dies in hospital after falling ill while serving life sentence

Cancer has given Rangers legend Scott Nisbet 'a real kicking' and left him 'terrified at times'

Lorry driver unaware he'd killed biker as the radio was on a 'loud volume'

Blood-soaked Glasgow man with horrific wounds looked like he'd been 'hacked with machete'

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.