17-Jan-2013 7:34 AM

Loganair appoints new chief executive and new chairman

Loganair announced (16-Jan-2013) the appointment of Stewart Adams as its new CEO. Mr Adams, a former MD of Aberdeen-based BMI Regional, joins from Tiger Airways, where he has been in charge for the last two years. Previous CEO David Harrison becomes executive chairman, succeeding former chairman Scott Grier, who announced his retirement in Sep-2012 after 36 years service. Mr Grier is now the company’s president, with an advisory role. COO Phil Preston, who arrived from Calmac Ferries in May-2012, joins Mr Harrison and Mr Adams on the Loganair board. The executive moves follow the sale of Loganair in Sep-2012 by Mr Grier to brothers Stephen and Peter Bond, who also acquired BMI Regional in May-2012. Loganair, which celebrated its 50th anniversary in 2011, operates a fleet of 26 aircraft on a total of 35 routes. Loganair's core business remains scheduled passenger services, carrying some 600,000 passengers annually on a network which, in addition to lifeline services to its Highlands and Islands heartland, has recently added services from Donegal to Dublin and Glasgow, Glasgow to Leeds and Norwich to Manchester – with a Norwich to Den Helder in Holland service due to start in Mar-2013. In addition to scheduled passenger services, freight services for Royal Mail and charter services for the North Sea oil and gas industry are operated. [more - original PR]

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