Scottish regional carrier Loganair recorded its first annual loss for 17 years in 2017-18—the cost of a breakup with larger regional partner Flybe. Its chairman said the loss had been predicted, but that made it no less painful. Glasgow-based Loganair operates a network of routes throughout the Scottish Highlands and Islands, as well as services to elsewhere in the UK and Norway. It incurred a pre-tax loss of £8.9 million ($11.8 million) for the year ended March 31, 2018. Net ...

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