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Numsa leaders held a meeting with the company’s management and business rescue practitioners on Tuesday and told workers that the company was yet to secure an investor and could face liquidation in a matter of weeks.
This follows a tense stakeholder meeting with unions, Comair’s CEO Glenn Orsmond and the business rescue practitioners at the airline’s Kempton Park offices on Tuesday afternoon where the struggling airline’s fate was discussed.
The Competition Commission (CC) says major airlines have committed to keeping flight ticket prices the same and will not “exploit” the situation following the grounding of Comair flights.
Flight operator Comair is on the brink of collapse due to poor business decisions by the its management, according to aviation analyst Phuthego Mojapele.
The British Airways (BA) departure counters and ticket sales kiosks at the Chief Dawid Stuurman International Airport resembled a ghost town on Wednesday after flights by the Comair-operated airlines were cancelled.