Pandemic grounds aviation icon Comair after decades of success
The airline group expects to be trading again, once operationally sound, towards the end of 2020
05 May 2020 - 15:40
Comair, a SA aviation icon with a more than seven-decade record of grinding out annual profits, became the second high-profile private company to be floored by the Covid-19 outbreak.
Founded shortly after the end of World War 2 to offer chartered flights to some of the remotest places in Africa, Comair entered business rescue — a form of bankruptcy protection that allows a financially distressed company to delay creditors claims against it or its assets — on Tuesday. ..
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