03 Jun

PODCAST | SA Money Report: Cash problems leave Comair’s future up in the air and its planes grounded

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Fin24's weekly SA Money Report provides bite-size takes on financial and business stories, along with a deep dive into the story of the week.
Fin24's weekly SA Money Report provides bite-size takes on financial and business stories, along with a deep dive into the story of the week.
Fin24

South Africans have a complicated relationship with our airlines. 

When government is not bailing out the state-owned one, it provides no insight into the nitty-gritty aspects of trying to sell a majority stake in it. 

Other private, low-cost ones leave us in a virtual limbo in a mad electronic jostle for R8 tickets, and others get grounded at the most inconvenient times. 

The week, British Airways and kulula.com operator Comair grounded its planes. This wasn't for the first time this year, but this time it was for wholly different reasons. 

Fin24's Carin Smith explains what brought Comair to this point and what it will take to get its planes back in the air.

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