LATEST NEWS FOR Comair Ltd.  

Comair Ltd. (“The Group”) is a South African company, listed on the Johannesburg Stock Exchange (the “JSE”). The Group has operated successfully in this country since 1946 and is the only known airline to have achieved operating profits for 7... [more info]

Comair to delist from JSE as business rescue is plan adopted

18 Sep 2020 /  Suren Naidoo   4
Set to be back in the skies by December

Boeing concealed faulty design flaws in the 737 Max

17 Sep 2020 /  Barbara Curson   9
The catastrophic consequences of profit considerations over safety.

Acsa hails new United Airlines Joburg-New York route

11 Sep 2020 /  Suren Naidoo   14
Positive sign for post-pandemic recovery as financial hubs boost connectivity.

Comair needs R1.2bn and to cut 400 jobs: administrators

3 Sep 2020 /  Promit Mukherjee, Reuters   8
Could start commercial flights from December.

Comair administrators say binding offer received

29 Aug 2020 /  Reuters and Moneyweb  
The airline has been under bankruptcy protection since May.

Will restructured SAA take flight?

21 Jul 2020 /  Tebogo Tshwane    24
Issues around funding remain murky, and whether the plan can succeed in the Covid-19 environment is anyone's guess.

Where are the risks lurking on the JSE?

29 Jun 2020 /  Hilton Tarrant    3
The most financially stressed small and mid-cap companies …

Comair BRPs ask for another extension to publish rescue plan

23 Jun 2020 /  Moneyweb  
Say discussions with potential funders have resulted in a non-binding expression of interest to recapitalise the airline group.

How much SAA owes the banks and other creditors

18 Jun 2020 /  Hilton Tarrant   31
And which banks? Two in SA have exposure totalling R5.2bn …

Mango, FlySafair, Airlink and CemAir to take flight in Level 3

5 Jun 2020 /  Suren Naidoo   20
But Comair and SAA remain grounded.

Zooming in and zoning out on corporate SA

25 May 2020 /  Ann Crotty   6
Among other things, the week that was brought about another previously unheard of accounting metric – ‘Ebitdar’.

Fatter cash cushions: The balance sheet of the future

21 May 2020 /  Ciaran Ryan   9
Suddenly 'capital efficiency' doesn’t seem so important.

Comair not insolvent and can be rescued – BRPs

UPDATE
19 May 2020 /  Suren Naidoo   13
Aviation group 'had no choice but to file for business rescue'.

Main street vs Wall street, the JSE during Covid-19 and understanding business rescue

15 May 2020 /  Simon Brown  
Anthea Gardner, CEO of Cartesian Capital discusses the disconnect between the stock market and the economy; JSE CEO Dr Leila Fourie talks on how the exchange is managing the crisis and Dr Eric Levenstein of Werksmans Attorneys delves into the business rescue process and whether companies can survive it. 

Durban July to go ahead, but with a lot less buzz

15 May 2020 /  Suren Naidoo   6
The usual punters, fashionistas and other spectators – some 50 000 or more – won't be allowed in.

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