Imminent closure of Comair to negatively affect SA tourism industry: Sisulu - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Minister Sisulu says she is concerned that the looming liquidation of Comair, which operates the Kulula and British Airways services, could have a dampening effect on the recovery of the tourism sector

Sisulu says she is concerned that the looming liquidation of Comair, which operates the Kulula.com and British Airways services, could have a dampening effect on the recovery of the tourism sector after a tough couple of years during the pandemic.

The Minister has expressed the hope that the grounding of Comair does not lead to other airlines raising prices. Business rescue practitioners have lodged an application in court to convert the business rescue proceedings at Comair into liquidation proceedings. This followed thePublisher & Editor of the SA Flyer Magazine, Dr. Guy Leitch says the business rescue process failed because the company had already been stripped of its assets:

Comair says customers who were owed refunds after the airline halted operations at the end of last month will now become creditors. The National Union of Metalworkers of South Africa has concerns about the future of workers following meetings with Comair management.

Source: News Formal (newsformal.com)

 

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Proof private sector won't save saa.

Probably what happens when you shut it down..... Sure there is a black consortium willing to pick up the intentionally decimated scraps

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