Bloomberg
Comair, the South African partner of British Airways and owner of low-cost carrier Kulula, is on the brink of collapse after administrators were unable to raise the funds needed to resume flying.
The operator of about 40% of domestic air trips in South Africa has been battling with high fuel prices, the aftermath of coronavirus travel bans and the fallout from a recent grounding by the industry regulator, business rescue specialist Richard Ferguson said.
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.