Loganair Owners Halt Sale of UK's Largest Regional Airline
The sale of Loganair, the UK's largest regional airline, has been put on hold by its owners, brothers Stephen and Peter Bond. They announced that the time is not right to sell the business, citing its strong performance and a return to profitability. The airline was officially put on the market in October 2022 as the owners looked for a new custodian. However, following a successful fleet renewal and robust trading, they have paused the sale process indefinitely. The current management team will continue to lead the airline's future development.
Official Source: https://www.bbc.com/news/articles/cdrpx0xl7v8o?at_medium=RSS&at_campaign=rss