Comair’s loss in the first half comes in at R555m

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South Africa Headlines News

Airline to claim compensation from Boeing over Max

Comair, which has reported a R555m half-year net loss, says it will claim compensation from Boeing for grounding an aircraft of a type involved in deadly crashes. This is in addition to pursuing SAA for not paying a settlement amount owed to it.

The losses of the operator of low-cost carrier kulula.com and British Airways in SA was largely attributed to state-owned carrier SAA’s failure to make a payment related to a settlement in an anticompetitive behaviour case.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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 /  🏆 12. in ZA

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