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Comair expects financial hit from 737 MAX grounding, but is filling the fleet gap

By: Rebecca Campbell     14th June 2019 South African private-sector airline group Comair has suffered financially from having to ground its newly delivered Boeing 737 MAX airliner earlier this year, following two fatal crashes involving the type in just five months in late 2018 and early 2019, which killed 346 people. “We’re obviously... 

Comair’s new CEOs to press ahead with diversification strategy

By: Rebecca Campbell     14th June 2019 South African private-sector airline group Comair announced at the end of last month, via a Stock Exchange News Service release at the Johannesburg Stock Exchange, that it was acquiring the “shares and claims” of Star Air Maintenance and Star Air Cargo. The deal involves paying the sellers... 

Lufthansa Technik subsidiary opens its first operation in South Africa

By: Rebecca Campbell     7th June 2019 Lufthansa Technik Maintenance International (LTMI) recently opened its new, and first, facility in South Africa. The facility has been established at Johannesburg's OR Tambo International Airport. A second facility is being set up Cape Town. Both facilities are initially intended to provide line... 

Comair buys aircraft leasing, maintenance companies

By: Rebecca Campbell     31st May 2019 South African private-sector airline group Comair announced on Friday, via a Stock Exchange News Service release at the Johannesburg Stock Exchange, that it was acquiring the “shares and claims” of Star Air Maintenance (Proprietary) Limited ((Pty) Ltd) and Star Air Cargo (Pty) Ltd. The deal... 

Lufthansa maintenance company opens its first operation in South Africa

By: Rebecca Campbell     23rd May 2019 Lufthansa Technik Maintenance International (LTMI) formally opened its new, and first, facility in South Africa on Wednesday afternoon. The facility has been established at Johannesburg's OR Tambo International Airport. A second facility is being set up Cape Town. Both facilities are initially... 

Comair CEO Erik Venter resigns unexpectedly to pursue own interests

By: African News Agency      22nd May 2019 JSE-listed Comair Limited announced late on Tuesday that Erik Venter has resigned as chief executive of the company to pursue his own interests, after 23 years with the airline. Venter, who was Comair chief executive for 13 years, will leave at the end of July 2019. Comair said the board has not... 

Africa’s air cargo sector needs trade and aviation liberalisation to reach full potential

By: Rebecca Campbell     19th April 2019 In early February, the International Air Transport Association (IATA) released its global air freight data for the whole of 2018. Although worldwide demand, measured in freight (metric) ton kilometres (FTKs) rose by 3.5% in comparison to 2017, it was far below 2017’s 9.7% growth. And demand... 

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