DALLAS – Brothers Stephen and Peter Bond have announced that they are to sell their Scottish airline Loganair (LM).
The brothers, 72 and 61 years old respectively, have owned the carrier for 25 years and helped Loganair to become the UK’s biggest regional operator.
Passing on the Baton
Peter Simpson, LM’s Executive Chairman, told The Sunday Times newspaper, “It’s been a success story in terms of where we’ve got to, and the shareholders now feel it’s the right time to pass the baton onto new owners.”
Source:: “Airways Magazine”