Comair
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Airlink CEO and managing director, Rodger Foster, said that the deal was a significant development for South African travellers.
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Tourism Business Council CEO Tshifhiwa Tshivhengwa says the liquidation of Comair could prove a major blow for the sector.
Airline operator Comair has expressed an urgent need for a liquidator to take control of the company's assets.
In court papers, Comair, which operated Kulula and British Airways, said that it no longer had access to capital to fund its operational costs.
The DA has blamed the liquidation of airline company Comair on what is calls 'government's inconsistency and careless manner in the closing and opening of the country's borders'.
The airline operator announced its been grounded for good as business rescue practitioners launched a court bid to have Comair liquidated.
The airline announced on Thursday that its business rescue practitioners no longer believed that there was a reasonable prospect that the company could be rescued.
The airline announced its decision to close shop on Thursday afternoon after failing to find a solution to its liquidity problems.
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Last week Comair which is an operator of British Airways and the domestic low-cost airline- Kulula grounded flights citing financial difficulties.
The airline operator had been on the cusp of liquidation due to cashflow challenges.
Numsa leaders held a meeting with the company’s management and business rescue practitioners on Tuesday and told workers that the company was yet to secure an investor and could face liquidation in a matter of weeks.
Numsa, along with Solidarity and the Comair Pilots’ Association, met with the company’s CEO and business rescue practitioners (BRPs) for an update on the process to secure funding for the airline to resume operations.
This follows a tense stakeholder meeting with unions, Comair’s CEO Glenn Orsmond and the business rescue practitioners at the airline’s Kempton Park offices on Tuesday afternoon where the struggling airline’s fate was discussed.
Tuesday’s meeting comes amid fears of a jobs bloodbath after Comair announced the indefinite suspension of all Kulula and British Airways flights due to liquidity issues.
Comair suspended its British Airways and Kulula flights earlier this week, citing liquidity problems.
Comair which has about 40 percent of South Africa's domestic aviation market has cited financial difficulties for its decision to ground flights.
Numsa spokesperson Phakamile Hlubi-Majola said a meeting with Comair management on Thursday left them with more questions than answers.