Loganair (LM, Glasgow International) and bmi regional (Aberdeen Dyce) have been brought together under the Airline Investments Limited (AIL) Group. AIL is backed by Stephen and Peter Bond who previously owned Bond Offshore Helicopters (Aberdeen Dyce) parent Bond Aviation in the UK and were the original investors behind Alliance Airlines (QQ, Brisbane International) in Australia.

The pair collectively paid GBP8 million (USD13.1 million) for BMI regional while Stephen Bond, a minority shareholder in Loganair, has now acquired outright control of Loganair.

Despite the consolidation into one holding company, each carrier will continue to operate as a distinct business and brand.

Loganair operates scheduled services under a flybe. (2002) (Exeter) franchise in mainland Scotland, as well as Orkney, Shetland, and the Western Isles while bmi operates scheduled services throughout Europe. In total, AIL operates a total of forty-six aircraft on forty-seven routes across ten countries in Europe.

With an average annual throughout of 1.5 million passengers, AIL has a turnover of circa GBP200 million (USD312 million).