Loganair Sale Paused by Owners Amid Strong Airline Performance
The sale of Loganair, the UK's largest regional airline, has been put on hold by its owners, brothers Stephen and Peter Bond. The decision to pause the sale process comes as the airline is reportedly performing well financially. The owners, who had initially put the company on the market in 2022 ahead of their retirement, now state there is no longer a time-bound pressure to sell. Loganair recently completed a fleet renewal program and operates crucial 'lifeline' routes to the Scottish Highlands and Islands.
Official Source: https://www.bbc.com/news/articles/c86d9v28qxxo?at_medium=RSS&at_campaign=rss