Comair takes aircraft maintenance in-house and looks to expand ancillary businesses
Volatility in the rand and oil price and grounding of Boeing 737 MAX led to profit shrinking 82%
17 September 2019 - 09:28
The JSE’s only listed aviation company, Comair, which is under new management, is expanding into aircraft maintenance and airport lounges in order to maintain its record of 70 years of uninterrupted profit.
Comair, which operates British Airways and Kulula, said on Tuesday its profit in the year to end-June almost tripled due to a R1.27bn settlement it received from SAA...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.