Loganair sees 'modest signs of recovery' in bookings after revealing big losses

Loganair is seeing “modest signs of a recovery” in bookings after the airline dived heavily into the red at the outset of the pandemic.

The company is in the process of filing accounts for the year to the end of March 2020, which show a loss before tax of £12.7 million.

Nearly £3m was attributable to the onset of the pandemic in the final month and the associated re-valuation of fuel and curren