Loganair goes up for sale as Bond brothers bow out | Business

Scottish brothers Stephen and Peter Bond have put Loganair, the biggest operator of regional flights in the UK, up for sale after owning the business for 25 years.

The Paisley-based business flies 42 aircraft on 80 routes around the UK, Ireland and Norway, and since the collapse of Flybe, it has been the largest domestic operator flying to non-London destinations. Stephen, 72, and Peter, 61, are understood to be ready to step back from the company after lending it “substantial” financial support during the pandemic.

Having been majority investors in Loganair since 1997, they have appointed Arrowpoint Advisory to handle approaches

Loganair reported a doubling of revenues to £161 million in the year to March, rebounding from the pandemic when passenger numbers plummeted. It