Loganair Sale Halted as Owners Decide to Retain UK's Largest Regional Airline
The planned sale of Loganair, the United Kingdom's largest regional airline, has been put on hold indefinitely. The airline's owners, brothers Stephen and Peter Bond, have formally stopped the sale process. This decision comes after the airline was put on the market in October 2022, as the owners sought a new custodian for the company. Citing strong financial performance and operational stability, the owners have committed to remaining at the helm for the foreseeable future. The airline's chief executive confirmed that Loganair is trading profitably and has a positive outlook.
Official Source: https://www.bbc.com/news/articles/cj4pxr0gr02o?at_medium=RSS&at_campaign=rss