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Showing posts with label Comair Ltd. Show all posts
Showing posts with label Comair Ltd. Show all posts

Sunday, October 7, 2012

■ SOUTH AFRICA: 1Time wants reductions in fuel levy, taxes as private airlines react angrily to SAA bailout.

1Time
1Time (T6), the South African LCC, has clarified the air over reports in the press that it had written to the South African government seeking a bail out (akin to what national carrier South African Airways (SA) secured last week), stating that their proposal centred around the South African government subsidising the airline industry as a whole with selected levies and taxes, and not to only offer unfair bail outs to South African Airways and its affiliate SAExpress (XZ).

Wednesday, September 12, 2012

► SOUTH AFRICA: Comair Ltd declares no dividend despite rise in revenues.

Comair LtdSouth Africa's Comair Ltd, the parent company of British Airways (Comair) (BA) and LCC Kulula (MN) today reported that it would not issue a dividend despite seeing a 16% growth in its revenue from USD440million in June 2011, to USD510million for the year ending June 30, 2012.