Loganair-3
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Surely you'd have to take off the operating costs of the contract and charter flying - this assumes you'd still be doing all of the flying and incurring the costs even with no revenue, which logically no-one would do? From a quick read, I don't think it's possible to come up with any meaningful analysis, which is probably exactly why the accounts are presented in the way they are!
Join Date: Aug 2016
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Loganair are terminating services between Edinburgh and Derry from January 3, citing rising fuel costs and competition from LCCs from Belfast. Increasing flights from Derry to Glasgow.
Join Date: Mar 2008
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Join Date: Aug 2007
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The full accounts are up on Companies House.
Some bits from it:
LF is 47%,
910,119 scheduled pax carried.
Contract and charter work makes up 20% of their turnover.
Gross profit £17.8m
Some very crude analysis - if you take the 20% from contract and charter work off their turnover then scheduled flying is losing them quite a bit of money. No contract and charter work and that £17.8m gross profit becomes a £14.5m loss.
They're making revenue per pax of about £142, which is to be commended.
Some bits from it:
LF is 47%,
910,119 scheduled pax carried.
Contract and charter work makes up 20% of their turnover.
Gross profit £17.8m
Some very crude analysis - if you take the 20% from contract and charter work off their turnover then scheduled flying is losing them quite a bit of money. No contract and charter work and that £17.8m gross profit becomes a £14.5m loss.
They're making revenue per pax of about £142, which is to be commended.
Fit like min?
Join Date: Nov 2004
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LOG to acquire up to 8 ATRs (doesn't say split between 42/72 unless I've missed it) to replace the remaining 8 Saab 340Bs, which seem to have been sold/disposed stateside over the coming months.
https://www.bbc.co.uk/news/uk-scotla...iness-63503449
https://www.bbc.co.uk/news/uk-scotla...iness-63503449
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Interesting. I was sure someone said the ATRs were unable to have the capability like for like with the Saabs for eg crosswind landings. Perhaps they have now revised after a few years experience. Wonder what will ultimately replace the Embs
Join Date: Mar 2018
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Initially thought the same but the ATR 42 actually has a higher crosswind limit than the Saab. 42knots vs 35knots if I remember correctly, I was quite surprised!
Join Date: Sep 2007
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LOG to acquire up to 8 ATRs (doesn't say split between 42/72 unless I've missed it) to replace the remaining 8 Saab 340Bs, which seem to have been sold/disposed stateside over the coming months.
https://www.bbc.co.uk/news/uk-scotla...iness-63503449
https://www.bbc.co.uk/news/uk-scotla...iness-63503449
Join Date: Aug 2007
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By deciding on fleet renewal before disposal they are indicating that if you want to be the custodian of this business you will follow our plan because our plan is best.
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It's more likely that this has been the plan for some time and only being made public now. You don't pull together an entire sale of the Saab 340s and lease replacement ATRs in the space of a couple of weeks.
Operating crosswind limit on the 42s is the same as the 340 at 35kts. 72 is 27kts on a wet runway.
Operating crosswind limit on the 42s is the same as the 340 at 35kts. 72 is 27kts on a wet runway.
Join Date: Aug 2007
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It's more likely that this has been the plan for some time and only being made public now. You don't pull together an entire sale of the Saab 340s and lease replacement ATRs in the space of a couple of weeks.
Operating crosswind limit on the 42s is the same as the 340 at 35kts. 72 is 27kts on a wet runway.
Operating crosswind limit on the 42s is the same as the 340 at 35kts. 72 is 27kts on a wet runway.
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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.
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.
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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It's more likely that this has been the plan for some time and only being made public now. You don't pull together an entire sale of the Saab 340s and lease replacement ATRs in the space of a couple of weeks.
Operating crosswind limit on the 42s is the same as the 340 at 35kts. 72 is 27kts on a wet runway.
Operating crosswind limit on the 42s is the same as the 340 at 35kts. 72 is 27kts on a wet runway.
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