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Comair, the British Airways (BA) and Kulula operator in SA is set to be liquidated after failing to raise the required cash to continue operating.

‘We did our utmost to secure the funding, but when we were unable to do so, had no option to lodge the application [to convert business rescue proceedings into liquidation proceedings]. It is an extremely sad day for the company, its employees, its customers and SA aviation,” Richard Ferguson, one of Comair’s business rescue practitioners said in a statement on Thursday...

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