The failed rescue of Comair was a gamble from the beginning
Why would anyone have wanted to throw more than R1bn into this business?
Source: moneyweb.co.za
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Why would anyone have wanted to throw more than R1bn into this business?
Comair has shifted the maintenance and repair of its aircraft from Lufthansa Technik Maintenance International to South African Airways Technical, a subsidiary of state-owned South African Airways. In other words, SAA Technical will be responsible for the maintenance of Comair’s fleet.