Loganair’s long-time owners the Bond brothers have placed the Scottish carrier up for sale, chief executive Jonathan Hinkles has confirmed, and are hopeful of completing a deal by mid-2023.
Stephen and Peter Bond, who initially invested in the airline 25 years ago and became sole owners in 2012, have appointed advisors to review options for the sale of Loganair, the Sunday Times reports.
Loganair currently operates 80 routes, mainly in the UK and Ireland; it took on a portion of domestic connectivity – some 11 routes – following the collapse of Flybe shortly before the onset of Covid-19.
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