Page 100 - Comair News Today

MONEYWEB LIVESTREAM Testing times for subsidiaries caught up in SAA maelstrom Mango ratcheting up costs due to delays in returning leased aircraft, while SAA Technical staff are ‘very close’ to withholding their much-needed labour. By Moneyweb 13 Apr 2021  00:01  SAA Technical’s problems could result in even deeper crises for the local and international airlines that depend on it for technical service. Image: Supplied An international private equity group has been waiting...

Gidon Novick is the founder of Lift, South Africa’s new low-cost airline. He spoke to the BizNews Power Hour on the demise of Comair and Lift’s take off. Novick told host Alec Hogg that the secret to an airlines’ success is the culture, making sure that employees are happy at work and giving customers a great experience. Gidon Novick on Comair: I suppose it’s a story of every industry – it goes through cycles and business models change. My father and I were involved in the business fo...

In terms of its business rescue plan, the listing of Comair on the JSE has been removed. The five main shareholders will now make an offer to the minority shareholders. The rescue practitioners say Comair can now apply for a loan under governments Covid-19 Loan Guarantee Scheme. Comairs listing on the JSE has been removed on Wednesday, in line with its business rescue plan. Comair operates its own low-cost airline Kulula.com, as well as British Airways as part of a licence agreement. A general...

By Cirium2021-04-07T15:46:00+01:00 South African carrier Comair is delisting from the Johannesburg stock exchange in a move which will allow it to access government-backed financial support. In an update, the airline’s administrators say it can now apply for funding in the sum of R100 million ($6.9 million) under a Covid-19 loan guarantee scheme put in place by the South African Reserve Bank and private commercial banks. Such funding is a “fundamental element” of its debt restructurin...

MONEYWEB app instead? Last-minute domestic bookings give a much-needed boost to the travel industry. 15:58  Open: Open: Open: Open: Sun City is completely full for the long weekend, says Sun International COO of hospitality Graham Wood. Image: Supplied It may not be the traditional Easter holiday bonanza in South Africa, but hoteliers, airlines and other tourism establishments are seeing a surge in bookings for the long weekend. A quick search on the websites of the main domestic airlines ...

iAfrica 28 mins ago 2 min read Share with your network! A rare combination of severe restrictions on international travel and the domestic airline and hospitality sectors trying to recover from lockdown losses have created perfect conditions for South Africans wanting to explore their country. With international tourism practically non-existent and corporate travel reduced to a trickle, for t...

The flights are possible following the relaxation of Covid-19 travel restrictions by the Angolan government. (Supplied) Privately owned South African airline CemAir announced on Wednesday that it will start flights between Johannesburg to Luanda, Angola, from 23 March.  Flights will depart from OR Tambo International Airport at 08:00 and arrive at Luandas Quatro de Fevereiro International Airport at 11:00 local time.  The introduction of the flight was made possible follow...

iAfrica 1 month ago 2 min read Share with your network! British Airways (operated by Comair), South Africa’s leading premium full-service airline, has announced the reopening of bookings for flights between Johannesburg and Victoria Falls for travel starting on 13 May 2021. Bookings for the regional route are open from today and as part of the airline’s ramp up it will operate two flights...

Bookings are open to visit popular tourism destinations from May 13.

The African Battleground: Ethiopian Airlines vs Kenya Airways vs SAA Advertisement: The African aviation market has seen plenty of change in the past years. As South African Airways’ situation has worsened, that of Ethiopian Airlines and Kenya Airways has improved. The two have battled to become the leading hub in East Africa. Ethiopian Airlines has moved ahead now, but this was not always the case. This article looks at this battle through the story of each of the three airlines. Ethiopian A...