by sundelbolong | Jun 5, 2020 | Business & Finance News
The business rescue practitioners of JSE-listed Comair intend to halve the number of aircraft used, they said in a notice to shareholders on Friday. They will also continue with the retrenchment processes already started before the company went into business rescue....
by sundelbolong | May 20, 2020 | Business & Finance News
The business rescue practitioners of Comair, the owner of kulula.com and the local operator of British Airways, believe there’s a reasonable prospect for the airline to be saved as its assets exceed its liabilities. The airline operator, which was struggling...
by sundelbolong | May 5, 2020 | Business & Finance News
Comair announced on Tuesday that it is unable to operate given the current coronavirus restrictions in place and its board decided the best option to ensure the long-term survival of the company is to implement a business rescue plan. Shaun Collyer and Richard...
by sundelbolong | Apr 30, 2020 | Business & Finance News
South Africa’s airline industry looks set to remain in crisis territory for the rest of the year with Comair, the owner of kulula.com and the local operator for British Airways, now expecting to only resume operations in either October or November. The airline has not...
