Loganair: Scotland's airline should attract buyer interest after strong recovery

The UK regional airline Loganair is thought to be interested in acquiring slots at London Heathrow Airport from the bankrupt Flybe. Loganair currently operates just one route from the UK's biggest airport, to Isle of Man Ronaldsway Airport. The airline launched that route in late 2020.

Founded 61 years ago, on 1-Feb-1962, Loganair spent much of its more recent history as a franchise operator - until the end of an agreement with Flybe led to its launch of operations under its own brand in 2017. It grew rapidly until the COVID-19 crisis, when it showed resilience during the pandemic.

Loganair's capacity has recovered strongly, reaching a projected 188% of 1H2019 seat numbers in 1H2023. With the largest fleet among UK regional airlines, more than three quarters of the seat capacity of the self-styled 'Scotland's Airline' touch Scotland at one or both ends of the route.

Its owners have been looking to sell the airline since Oct-2022, and should have little trouble in attracting potential buyers.