Page 34 - Comair News Today

The airline announced on Thursday that its business rescue practitioners no longer believed that there was a reasonable prospect that the company could be rescued.

A 39-year-old soon-to-be-unemployed father of two is worried about no longer being able to give his wife and two children the life they are accustomed to.

The airline operator announced its been grounded for good as business rescue practitioners launched a court bid to have Comair liquidated.

According to a press statement released by Comair, the company’s employees and customers who had bookings or were owed refunds will now become creditors of the company.

The carrier’s business rescue practitioners stated that “they no longer believe that there is a reasonable prospect that the Company can be rescued”…

“It’s a lot, it's heartbreaking, it’s overwhelming and sad. Comair was like my home, but I also believe God has bigger plans for me,” says Jamain Doravaloo from Phoenix in Durban, who worked at Comair for the past 12 years.

Entrepreneur Barbara Walsh would have been forgiven for a little Schadenfreude after hearing yesterday’s news that Comair has gone bust.

The declaration by Comair to go into liquidation will affect not only its employees, but the entire airline industry.

The one idea that really took off on Kulula was turning the cabin announcements into a form of stand-up comedy.

Comair is battling serious financial difficulties, and now there are serious concerns about job cuts.