1 OCTOBER 2012
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Loganair Chairman, Scott Grier, is to retire from Loganair but remains as President. Scott (70) has been at the airline 36 years and seen it grow from a small operator with a single DHC Twin Otter and 44 staff, to today’s 26 planes and 500 employees.
Mr Grier’s 25% shareholding has been purchased by brothers Stephen and Peter Bond, who also have a major interest in Bond helicopters and bmi Regional. Stephen Bond has been Grier’s business partner since 1997.
Mr Grier joined Loganair in 1976 as Financial Manager and was made Managing Director seven years later. In 1997 he led a management buy-out from Sir Michael Bishop's then Airlines of Britain Group.
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."
Scott Grier added: "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." www.loganair.co.uk
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