Comair Enters Business Rescue (Bankruptcy Protection)

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Comair, an airline behind Kulula and British Airways franchisee in South Africa) has filed for business rescue, South African version of bankruptcy protection, on Tuesday.

Kulula is a low-cost brand, while British Airways is a full-service airline serving domestic and regional destinations. Comair has grounded all flights since March 26 and doesn’t expect to resume any until October or November.

Here’s the announcement that Comair released:

Download (PDF, 162KB)

Conclusion

Comair has a rich history being started right after the second world war. The now-bankrupt South African Airways owns considerably amount to Comair that is very unlikely to materialize.

It is difficult to see the South African government allow all domestic airlines to collapse.

What is going on with Airlink that was some sort of Star Alliance affiliate via its partnership South African Airways and operating flights under SA Express-brand?

I have flown with Comair’s British Airways-services within South Africa number of times. The service tends to be adequate and lounges fantastic.

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