WATCH: How the Boeing Max 737 grounding affected Comair
Comair joint CEO Glenn Orsmond talks to Business Day TV about the airline’s full-year results
A R1.2 billion settlement from SAA has provided Comair with much-needed cushioning and, as a result, the airline’s earnings have nearly tripled.
Excluding the settlement, the group’s profit would have nosedived by 82%.
Meanwhile, operating expenses grew 16% as the group battled rand and oil price volatility.
Comair joint CEO Glenn Orsmond joined Business Day TV to discuss the airline’s full-year results.
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