Comair
Struggling Comair to operate reduced schedule with limited aircraft in December
Comair said that per the adopted business rescue plan, the aircraft would gradually return to service from mid-January, with a seven-month ramp-up period until...
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Court reserves judgment in Numsa’s application to stop job cuts at Comair
The union is attempting to stop retrenchments at the airline, which operates kulula.com and the British Airways franchise in South Africa.
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Numsa approaches court to prevent Comair BRPs from proceeding with retrenchments
The union claims it's unlawful and unfair.
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Numsa's Court bid for Comair to pay workers' salaries to be heard next week
Earlier this week, Comair published its business rescue plan, indicating it will take to the skies again in December.
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Numsa takes Comair to court to force it to pay salaries
The airline has not paid workers’ salaries since the start of June and it’s believed Comair has also forced unpaid leave on its staff.
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Comair eyes December flights if business rescue plan accepted
The plan was published on Wednesday and will allow creditors and shareholders two weeks to consider and adopt the plan.
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Comair’s BRPs say they’ve received final binding offer from preferred investors
They say the terms of the offer must now be incorporated into a business rescue plan.
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Administrators for Comair say binding offer received
Comair has been under a form of bankruptcy protection since May and the publication of its rescue plan has so far been delayed by more than two months.
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Comair’s BRPs given 1-month extension to source funding
Comair - which operates British Airways locally and owns low-cost airline kulula.com - has been under business rescue since May this year.
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Comair future in limbo after creditors' meeting postponed to next week
A creditors meeting to discuss the embattled airliner, which was placed under business rescue in May, has been postponed from today to Monday.
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Numsa ‘not shocked’ by Comair BRPs postponing release of rescue plan
Numsa, which is a majority union at the struggling company, said it was planning on taking the company to court after it wasn’t consulted ahead of the publication in line with the Companies Act.
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Comair BRPs ask creditors for short extension for publication of rescue plan
They had originally aimed to publish the plan next Tuesday but have asked for this to be extended until 23 June.
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Comair unlikely to restart operations before November
The airline requires a substantial cash injection.
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'Reasonable prospects' Comair can be saved - administrators
Comair has assets of R7.4 billion ($407.1 million) on its balance sheet compared to R5.5 billion of liabilities and is not factually insolvent, the company said in a statement.
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This won’t fly! Comair may face legal action over business rescue decision
The Union Association of Southern African (UASA) has accused Comair of failing to consult on the process and using COVID-19 as an excuse.
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Comair says business rescue process will ensure its operational survival
The airline said had lost over R500 million because it was forced to stop operations during the lockdown.
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Covid-19 Situation Desk - 5 May 2020 PM
The facts - at the start and end of your working day. #Coronavirus #COVID-19 #SouthAfrica #LockdownSouthAfrica
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Comair to enter voluntary business rescue
The aviation company owns Kulula.com and is the local operator for British Airways.
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Numsa: Comair must use UIF funding instead of asking workers to take leave
Comair told the media that it could not afford to pay employees their full salaries and that workers should go on leave and unpaid leave.
