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Old Feb 16, 2019, 3:23 pm
  #376  
BlueThroughCrimp
 
Join Date: Oct 2009
Location: Dundee
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Loganair issue statement saying no impact to them caused by their sister company's demise.

Loganair Statement

In relation to bmi Regional – 16th February 2019

Bmi Regional, the sister airline of Loganair in the Airline Investments Ltd group, has ceased operations today 16th February 2019 and will be filing for administration.
The two airlines are separate businesses, operating separate aircraft fleets on their own distinct route networks. As such, the closure of bmi Regional – which flew Embraer Regional Jet aircraft on routes throughout 12 European countries – has no impact on Loganair’s continued operation, which predominantly uses turboprop aircraft on routes within the UK and in particular to, from and within the Scottish Highlands & Islands.
The same challenges that have led to bmi Regional ceasing operations, including uncertainty around intra-European traffic rights post-Brexit, do not impact Loganair’s business.“Loganair expects to return to profit in the current financial year, is carrying record passenger numbers on many of its routes and is in a strong financial position,” said Managing Director Jonathan Hinkles.
We are actively working on options to offer employment to a number of bmi Regional staff members whilst at the same time monitoring developments elsewhere in the UK regional airline sector which could present opportunities for Loganair.”
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