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Old 4th Nov 2022, 13:50
  #196 (permalink)  
ATNotts
 
Join Date: Oct 2004
Location: UK
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Originally Posted by BA318
Loganair said they didn’t expect a sale until much later next year so it’s not unreasonable to continue running the carrier as normal in the meantime. Any new buyer would do their due diligence and be aware of any commitments the carrier has made before making their decision on whether or not to purchase.
Since the current owners of Loganair don't need to sell, they want to sell, so they should be able to be picky as regards who buys the business, and could take into account not just the best price, but what is also best for the business, its customers and its employees so carrying forward their current strategy appears a thoroughly sensible move.

It is to be hoped that the sale doesn't wind up being to "vulture" capitalists or a private equity firm, again particularly for the well being and employment security of the staff.
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