Skip to main content

Loganair returns to profit after two years of Covid-induced losses

Air
Will Payne
19 October 2022

Loganair has returned to profitability in the financial year to 31 March 2022, following losses in each of the previous two years as the effects of the Covid-19 pandemic struck the airline industry.  

Commencing from 4 April 2023, the new service to London City will operate twice weekly on Tuesdays and Fridays

The Glasgow-based company released its audited accounts for the financial year on Wednesday (19 October), setting out a profit before tax of £4.98 million on a turnover of £161 million.