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Record profits for Loganair

15.11.06

Loganair, the BA franchise partner that operates flights to many of Scotland's island communities, made record profits in its latest financial year as investment in expanding its fleet paid off.

The Glasgow-based airline more than doubled profits to £2.2m in the year ended March as passenger numbers increased 9% to 495,000. Turnover increased by 12% to £48m and passenger load factor - a measure of how full its planes are - increased from 57.3% to 60.5%.

The growth in turnover and profits followed an increase in the size of Loganair's fleet of Saab 340 planes, from 10 to 13.

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