All Comair (South Africa) articles
-
NewsInvestment consortium aims to restart Comair in December
South African carrier Comair’s business rescue plan envisages a consortium of investors taking a 99% shareholding in the company, and restarting services around 1 December. Some 1,800 jobs will be retained – although 400 will be shed – and the airline will resume operations with a fleet of 25 ...
-
News
Comair receives binding offer as it finalises business plan
South African carrier Comair’s rescue practitioners have received a binding offer from the preferred investors for the company. As a result, the practitioners are seeking creditors’ consent for a further extension to the deadline to publish the business rescue plan for the operator. Comair, which operates as a ...
-
News
Comair business plan pushed back as rescuers work to firm up offers
South African carrier Comair’s rescue practitioners have disclosed that a potential deal with an interested consortium has fallen through, but are pushing back publication of a business plan to provide time to consider other approaches. Publication of the business plan had been due on 28 July after an expression ...
-
News
Comair rescue attracts several expressions of interest
Four expressions of interest have been received by advisers to South African carrier Comair’s business rescue process. The company’s rescue practitioners state that the adviser, Redford Capital, has received 19 signed confidentiality agreements having “engaged” with 47 parties since the process began. Comair was placed under business rescue ...
-
News
Comair rescuers seek time to scrutinise expression of interest
South African carrier Comair’s rescue practitioners are still trying to work through the details of an expression of interest in the airline, and are seeking to postpone further the publication of a business plan. They are requesting creditor approval to push back the publication date from 30 June to ...
-
News
Comair rescuers seek time to consider funding offer
South African carrier Comair’s rescue practitioners are exploring a potential offer of funding for the airline, and are seeking a further postponement to publication of a business plan. The practitioners have not identified the group behind the non-binding expression of interest. But they state that the offer of ...
-
News
Comair to cut fleet and remain inactive until November
South African carrier Comair requires a substantial cash injection and is unlikely to resume operations until at least November. Its fleet will also be reduced to 16 aircraft, comprising 13 Boeing 737-800s and three spare 737-400s. The airline’s business rescue practitioners have outlined the situation to creditors and ...
-
In depth
Coronavirus pushes fragile African carriers closer to the edge
While no region has escaped the impact of the coronavirus grounding, arguably its most immediate damage has been felt among Africa’s already struggling carriers.
-
News
Rescuers believe Comair has ‘reasonable’ chance of survival
South African carrier Comair’s business rescue practitioners believe there is a reasonable chance of the Johannesburg-based airline’s being saved. The airline’s board opted to enter business rescue on 4 May. Practitioners Shaun Collyer and Richard Ferguson met with creditors and employees on 19 May to outline the carrier’s ...
-
News
Mango 737 ground-collision crew opted against safer taxi route
South African investigators have stated that Johannesburg airport ground control should have instructed pilots of a Mango Boeing 737-800 to deviate from a taxiway, rather than give them the option, before the aircraft struck a taxiing Comair jet. But the inquiry into the incident, on 19 April last year, ...
-
News
South Africa’s Comair files for business rescue
South African carrier Comair has become the latest operator in the country to enter business rescue, as it aims to restructure to deal with the coronavirus crisis. Comair made a pre-tax loss of R645 million ($35 million) for the six months to 31 December. “While we had started ...
-
News
Comair expects to remain grounded until at least October
South Africa’s Comair is in “a very difficult financial position” due to coronavirus-related travel restrictions and does not anticipate being able to resume flights until October or November, the carrier has disclosed.
-
News
South African MRO checks affected over 40 aircraft
Over 40 aircraft were affected by the South African civil aviation regulator's order to conduct verification checks following an audit of South African Airways' maintenance division.
-
News
South African MRO checks not linked to Mango incident
South African Airways' maintenance division is undertaking corrective measures following a regulatory inspection which resulted in the grounding of a number of aircraft operated by South African carriers.
-
News
Some SAA and Comair aircraft grounded by MRO audit
South African regulators have ordered maintenance compliance verification on some aircraft in the fleets of South African Airways and Comair, resulting in schedule disruption for the two carriers.
-
News
Comair indicates extent of SAA case award benefit
South African carrier Comair has detailed the expected benefit on its full-year financial results following settlement of an anti-competitiveness case against South African Airways.
-
News
Comair 737 departed despite taxi collision uncertainty
South African investigators have determined that a Comair Boeing 737-800 departed Johannesburg despite uncertainty over a possible taxiing collision with a Mango aircraft.
-
News
Comair latest to take 737 Max out of service
South African carrier Comair has become the latest Boeing 737 Max operator to take the type out of scheduled service following the fatal crash of an Ethiopian Airlines flight yesterday.
-
News
PICTURES: Comair 737 Max arrives in British Airways livery
South African airline Comair has begun its fleet renewal programme with the delivery of the first of eight Boeing 737 Max 8 aircraft.
-
News
Comair picks FL Technics for 737 check
Lithuanian MRO provider FL Technics is in the process of completing a C-check on a Boeing 737 for South African carrier Comair.
