Loganair passengers face fuel surcharge
Loganair, the Scottish airline, has warned passengers that they will have to pay a fuel surcharge, despite record pre-tax profits of more than £1million. The airline, which has faced criticism in the past for its high fares, warned that a fuel hedging arrangement that had benefited the company until March had now expired and passengers would now have to pay the price in the shape of fuel surcharges.
Loganiar provides a lifeline service between the mainland and the Scottish Isles. The airline has seen a 42% turnover to £43.1million in the 12 months to March 31, 2005, boosted by a number of new routes. Pre tax profits were up from £765,000 tp £1.038 million.
In the company's annual report and accounts, released by Companies House yesterday, Chairman Scott Grier said the year had been one of consolidation for the company after taking over three major scheduled services from British Airways CitiExpress in March last year.
Since May, Loganair has operated the routes from Aberdeen to Sumburgh, Glasgow to Stornoway and Glasgow to Benbecula using three 34-seat Saab 340 aircraft bought from the airline Swiss.
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