Loganair chairman Scott Grier retires after 36 years

Loganair chairman Scott Grier today (Thur Sep 27) announced that he was retiring from the company – after 36 years with Scotland’s Airline.

Grier joined Loganair in 1976 as financial manager and was made managing director seven years later.

When in December 1983 British Midland Airways acquired the company from the Royal Bank of Scotland, Grier took a 25% shareholding. In 1997 he led a successful management buy-out (MBO) from Sir Michael Bishop’s Airlines of Britain Group.

He said: “In 1997 we had to start all over again with one Twin Otter and five Britten Norman Islander aircraft and 44 employees. Today 15 years later in the Loganair group we have 26 aircraft and more than 500 employees.”

Grier’s shareholding in Loganair has been acquired by brothers Stephen and Peter Bond. He said: “Stephen Bond has been my partner since the MBO in 1997 and throughout these last 15 years we have been building the business to the success it is today. He knows Loganair and what we are all about.

He said: “Loganair has been a large part of my life for many years and I will miss the daily involvement, but I am confident that under Stephen and Peter the company will continue to be in good hands and to serve communities in the Highlands and Islands as we have always done.”
Grier will still have an involvement with the Company as he will become Loganair’s first president.

Stephen Bond said: “We are delighted that Scott has accepted the title of president, and we will continue to benefit from his experience and knowledge. He will also have an ongoing advisory role to the Loganair board.

// //

Hebrides Today brings you the latest news from the Western Isles