Loganair hoping for firm sale bid ‘in coming weeks’

Loganair hopes that a “firm” bid to buy the airline will materialise “in the coming weeks”.

Chief executive Jonathan Hinkles told The Shetland Times on Monday there had been ” a good level of interest” in the company since it was put up for sale last year.

Owners Stephen and Peter Bond announced in October they were selling the airline as they looked to retire.

Mr Hinkles said that the airline did not have to be “sold by an exact date”, and that there was no rush for a sale.

But he said they were hoping that the strong interest in the airline “will materialise into something firm in the coming weeks”.

The airline announced on Monday its passenger levels to and from Shetland were at their highest level since the Covid pandemic.

COMMENTS(3)

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  • Michael Wilkinson

    • August 2nd, 2023 12:19

    I flew to the Isle of Man on this lovely little airline from London City Airport in May on a twin prop plane, very Indiana Jones! Great flight, comfortable and quick, good service. I booked through BA and assumed the airline was a subsidiary of BA. I hope the two Messrs Bond get a good sale before their retirement and look forward to flying again under the distinguished Tartan Branding!

    REPLY
  • Andy Mead

    • August 3rd, 2023 14:23

    I’ve started flying with Loganair from Aberdeen to Norwich and return and will be using the service regularly in the future, I hope whoever takes over will keep the service as good .. very impressed …… Thank you!

    REPLY
  • Mike Wade

    • August 3rd, 2023 16:27

    One can only hope that the new owners will retain the current de luxe catering arrangements (Tunnocks wafer biscuit + drink, sometimes hot)

    REPLY

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