COMAIR suspends flights until funding secured.

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Comair, operator of IAG SA-owned British Airways trips in South Africa, grounded all flights after running out of funds and is awaiting further investment.

The carrier, which also runs the domestic low-cost airline Kulula, halted all ticket sales with immediate effect, according to a statement late Tuesday evening. The company’s administrators “believe the funding may be secured,” Comair said.

The suspension will reduce airline capacity in Africa’s most industrialised nation by 40%, and may lead to a repeat of the chaos that engulfed airports earlier this year when the nation’s regulator grounded Comair to address safety issues
1 Jun 2022 5AM English South Africa Business News · Investing

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