Comair calls off acquisition of Star Air businesses
The company was due to pay R75m for Star Air Maintenance and Star Air Cargo
03 April 2020 - 11:49
Comair, which operates British Airways (BA) and Kulula in SA, said on Friday that it has called off its acquisition of Star Air Maintenance and Star Air Cargo, without going into detail.
The BA franchisee said earlier in March it was seeking to cut jobs, with the financial distress it was facing after the grounding of its Boeing 737 MAX 8 aircraft being compounded by the Covid-19 crisis...
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