Media Statements
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Comair's business rescue practitioners outline plan
Johannesburg, 02 June 2020; Comair is unlikely to start operating again before November this year, notwithstanding the easing of restrictions on air travel as the airline requires a substantial cash … more
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Comair confirms options for holders of unused reservations
Johannesburg, 22 May 2020; Comair and its business rescue practitioners have confirmed the options for customers, companies and travel agents or groups holding unused reservations.
Persons who have … more
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Comair business rescue practitioners outline process, prospects
Comair’s business rescue practitioners today (subs: 19 May 2020) held the first formal meetings with creditors and employees after the company entered business rescue on 5 May.
The business … more
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Comair enters business rescue in response to unprecedented circumstances resulting from Covid-19
Move aims to restructure the airline as a sustainable business
Tuesday, 5 May 2020: Listed airline company, Comair, today announced the group will enter business rescue to safeguard the interests of … more
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Comair initiates Section 189 as part of financial recovery plan
Comair today (SUBS: Monday 23 March) announced a restructuring to improve its efficiency and financial sustainability following its H1 2020 interim results, recent difficult economic conditions and … more
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Comair navigates strong headwinds
Main points
Headline loss of R564 million for the six months ending 31 December 2019. R450 million is attributable to the increase in the IFRS9 loss allowance on the SAA damages claim.
Earnings … more
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Comair announces refreshed Board
Johannesburg, 21 January 2020: Comair, South Africa's only JSE-listed airline operator, has announced the appointment of four new Directors to its Board, an independent lead Director, a new … more
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Wrenelle Stander appointed as Comair Limited Group CEO
Johannesburg, 10 December 2019: Comair Limited has announced the appointment of Wrenelle Stander as Group CEO, effective immediately. Glenn Orsmond, previously joint-CEO, has been appointed as … more
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Comair Recognised as one of South Africa’s Certified Top Employers 2020
Johannesburg, 22 November 2019: Comair Limited has been officially recognised by the Top Employers Institute as a Top Employer 2020 in South Africa.
Organisations certified as Top Employers dedicate … more
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NUMSA has not issued Comair with a strike notice 20 November 2019
Johannesburg, Wednesday, 20 November 2019: NUMSA has not issued Comair with a strike notice, however, NUMSA has been issued two strike certificates pertaining to Comair’s ground and cabin crew. … more