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South Africa’s BA operator grounds flights as money runs out
Comair, the South African operator of British Airways flights, has grounded all of its planes after operating out of money, the corporate mentioned.
The service, which is below administration, additionally operates funds airline Kulula. These planes are additionally grounded, with tickets gross sales for each airways suspended.
Comair’s directors “have suggested that the method to lift the required capital is in progress and that there’s purpose to imagine such funding could also be secured,” the corporate mentioned within the assertion late Tuesday.
“As soon as acquired, the airline will be capable of recommence operations, however regrettably below these circumstances, the practitioners haven’t any alternative however to voluntarily droop all scheduled flights till the funding is confirmed,” it added.
In Might 2020, on the peak of pandemic lockdowns, Comair filed for voluntary enterprise rescue — a process much like chapter safety — as a way to restructure the corporate.
By February this 12 months, the corporate had regained a 40 p.c market share and resumed most flights.
South African aviation officers had suspended Comair’s flights for 5 days in March over security issues, dealing a brand new blow to the corporate.
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