We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

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...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.