The UK’s largest regional airline Loganair has been put up for sale.
After owning the airline for 25 years, Scottish brothers Stephen and Peter Bond are looking for new owners. The company's fleet of 44 planes flies to more than 40 destinations across Europe and the British Isles, according to its website.
Loganair is crucial to many communities as it connects Edinburgh Airport to Stornoway in the Western Isles, Isle of Man and Guernsey amongst others.
READ MORE- Edinburgh residents can see rare double Hunter's Moon in the sky tonight
According to company figures, the airline flies up to 1,000 flights a week and employs more than 900 people.
The airline’s chief executive, Jonathan Hinkles, told the PA news agency: “The airline is trading profitably and has repaid its Covid-19 bank debt ahead of schedule.
“It will very much continue to operate as it is today, with no changes to routes, services or employment.
“Passenger numbers are growing and 50 per cent ahead of pre-pandemic levels, and our fleet renewal programme is also well advanced, continuing apace over the coming months.”
He added: “The Bonds – Stephen is now 72, Peter is 61 – are committed to finding the right future owner for Loganair, who will act as its custodian for the next generation, just as they and previous owners have done.
“In the meantime, they remain wholehearted supporters of Loganair until any process is successfully concluded.”
READ MORE -
Edinburgh survivors of abuse demand 'mocking' Princes Street statue is torn down
Edinburgh footage from the ‘90s shows council estate before extensive regeneration
West Lothian mum left with 'tingling lips for hours' from Morrisons pork meal
Edinburgh property: Stunning home with two balconies and garden pond hits the market
Raging Edinburgh train passenger says she was 'forced to stand' in empty coach
