Page 35 - Comair News Today

Business rescue practitioners of Comair have lodged an application in court to liquidate the troubled company

Comair’s business rescue practitioners have today (9 June 2022) lodged a court application to convert the business rescue proceedings into liquidation proceedings.

Carin Smith - Even if the necessary funding to save Comair can be obtained in time, its kulula.com and British Airways flights will most likely then only restart on 1...

Comair could not raise the necessary funding to continue with operations, according to a notice to creditors.

<p>Comair could not raise the necessary funding to continue with operations, according to a notice to creditors.</p>

Comair business rescue practitioners have lodged a court application to convert the company’s business rescue process into liquidation proceedings after not raising enough funds to keep it going. If the court grants the liquidation application, Comair will permanently close its doors. 

Bruce Whitfield interviews Oz Desai, General Manager of business travel specialists Corporate Traveller.

If confirmed, it would be the first attack from the militant group in southern Nigeria - and more.

South Africa's oldest private airline faces liquidation after a tough couple of years. Comair is going out of business after a rescue plan failed to raise funding, leaving some customers out of pocket.…

The airline announced its decision to close shop on Thursday afternoon after failing to find a solution to its liquidity problems.