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. 

In the same year, Loganair became the UK’s third busiest airline behind British Airways and easyJet when measured by the number of flights operated. The airline carried more than 910,000 passengers, and in 2022 experienced its busiest summer to date.
 
The carrier has also expanded its contract work in support of the energy industry at Aberdeen and now counts several major football and Rugby SuperLeague teams amongst its client base for bespoke aircraft charter services.
  
Jonathan Hinkles, Loganair’s chief executive, said: "The efforts of every member of Loganair’s team throughout the pandemic, and the diversified nature of our business, have enabled the airline to return to profitability far sooner than many of our UK airline industry peers.
 
"Together with the unstinting support of our staff and our owners, our relationship with Clydesdale Bank/Virgin Money has played an essential part in Loganair’s longevity and prosperity, never more so than during the Covid-19 pandemic."