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UK Ministers call in PwC for Loganair funding talks

Mon, 20 Apr 2020

© Copyright Andrew Tryon
© Copyright Andrew Tryon

The UK government has drafted in advisers to help decide the terms of a state bailout for Loganair.

Sky News has reported that the British Department for Transport (DfT) has retained PricewaterhouseCoopers (PwC) to assist it in negotiations with the regional carrier, which flies from the Isle of Man to Liverpool.

The privately owned company has asked employees to cut their working hours by 20% and accept a 20% reduction in salary, or take a period of unpaid leave.

 

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