Page 44 - Comair News Today

The commission met with airlines and received commitments that prices would not be inflated, but passengers are already seeing increases of up to 30 percent.

Comair workers affiliated to the National Union of Metalworkers of SA (Numsa) intend to picket outside the offices of Comair in Kempton Park on Friday morning.

The South African carrier said that all British Airways and Kulula services had been suspended “pending successfully securing additional funding”…

The National Union of Metalworkers of South Africa will be meeting with Comair’s management regarding jobs that may be on the line.

Comair, the South African operator of British Airways flights, has grounded all of its planes after running out of funds, the company said. The carrier, which

Lift, FlySafair, Airlink and SAA commit to not changing their pricing methodologies: Tembinkosi Bonakele – Competition Commission.

The airline announced on Tuesday night it was grounding all Kulula and British Airways flights due to liquidity issues.

The Competition Commission had a meeting with the other airlines about the implications of Comair's grounding.

The company’s business rescue practitioners (BRPs) have advised that the process to raise the necessary capital is in progress and that there is reason to believe such funding may be secured. Once received, the airline will be able to recommence operations, but regrettably under these circumstances, the practitioners have no choice but to voluntarily suspend all scheduled flights until the funding is confirmed.

Comair which has about 40 percent of South Africas domestic aviation market has cited financial difficulties for its decision to ground flights.