Loganair Posts £6.9M Profit for 2023-2024 Financial Year Amid Fleet Transition and Operational Challenges
Loganair, the UK’s largest regional airline, has reported a £6.9 million profit for the financial year running from April 1, 2023, to March 31, 2024. This marks another successful year of profitability for the airline, although the results reflect a series of challenges, particularly related to operational performance and its ongoing fleet transition. Key Financial and Operational Highlights Loganair carried more than 1.5 million scheduled passengers throughout the year and continued to provide essential services, including charter flights for the Oil & Gas industry and its long-standing contract with the Royal Mail. Despite external challenges such as supply-chain disruptions, operational…