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Comair

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Comair

Comair CEO, Erik Venter
Comair CEO, Erik Venter
IATA Code
MN
ICAO Code
CAW
Corporate Address
Comair Limited
1 Marignane Drive,
Bonaero Park
South Africa
1619
Website
http://www.comair.co.za
Main hub
Cape Town International Airport
Country
South Africa
Business model
Full Service Carrier
Global Alliance
oneworld (affiliate)

Johannesburg-based Comair Limited is a South African airline offering regional services to destinations in South Africa, Mauritius, Namibia, Zambia and Zimbabwe. Since 1998 Comair has operated as a South African franchise of British Airways, operating much of its services under the British Airways brand and with bookings available through the BA website. Comair also wholly-owns the Johannesburg-based South African LCC kulula.com, which offers an extensive domestic and regional network.

Location of Comair main hub (Cape Town International Airport)

Source: CAPA - Centre for Aviation and Google Maps

Comair South Africa share price

Time period:
Source: CAPA - Centre for Aviation and


 
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152 total articles

6,130 total articles

Comair net profit up but external factors make for a cautious outlook

29-Nov-11 12:12 PM

British Airways franchisee Comair reported a strong net profit for the year ended 30-Jun-2011, however external factors are expected to create a challenging environment ahead. The South African carrier reported a slightly smaller operating profit for the year and the second lowest operating profit in the past six years. FY2010 saw a strong operating profit due to the 2010 FIFA Football World Cup, which gave most South African carriers a temporary boost. The effects of this period however have been cut short by the rising cost of fuel, increase in ACSA tariffs and general economic conditions. FY2012 is expected to be a challenging period for Comair and it has suspended any significant growth plans in anticipation of this. Comair is still implementing its fleet renewal programme, which will see it and its wholly-owned low cost subsidiary Kulula operate a fleet of next generation B737s.

The development of Lanseria Airport - a secondary airport service Johannesburg - as a regional hub is progressing for both Comair brands, but particularly for Kulula. While the carrier is readying itself for tough operating conditions ahead, its new hub is set to benefit from high investment, construction projects and increased capacity.

South African Airways profit increases as nation's smaller carriers Comair and 1time post losses

24-Sep-11 12:28 PM

South Africa has become a competitive domestic air market, which is taking its toll on the LCC segment in particular. The country’s largest and only long-haul carrier, South African Airways, increased its profit as its restructuring continues. But it joined rivals Comair, whose profit decreased, and loss-making carrier 1time in a cautious outlook owing to increased airport charges as well as the global threat of high fuel. Despite the turbulent times, newcomer Santaco Airlines hopes to launch this year and avoid airports with high fees.

Airport investment prospects in CIVETS countries – Republic of South Africa

7-Jul-11 3:56 PM

There's "BRIC" and "N11" and now CIVETS, a disparate collection of countries (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) that are all dynamic emerging economies with inflation under control and sophisticated financial systems with an absence of "sovereign debt bombs". In addition they have youthful populations. They also share common problems that could influence airport investors adversely, such as unemployment and corruption. In the final report in this series, we analyse South Africa.

Delta announces 25% reduction in operations at Memphis

24-Mar-11 2:55 PM

In Apr-2010 while profiling US hubs, CAPA looked at Delta’s hub in Memphis (MEM). At that time we speculated that Memphis as a hub was vulnerable if reductions were to be made. Yesterday, Delta announced a 25% reduction in operations at MEM.

So you think you know your airline market capitalisation: Part 3

10-Mar-11 9:00 AM

The first part of this three-part report on airline market capitalisations described how Air China is valued more on the stock exchange than US carriers United-Continental, JetBlue, Hawaiian Air, AirTran, US Airways, American Airlines, Republic Airways and Skywest combined. In this final section, CAPA reviews some further interesting facts from the equity investment world.

Southwest loses on-time performance record; feeling effects of hub airport operations

16-Dec-10 4:23 PM

Southwest Airlines, the US industry leader in on-time arrivals since record keeping commenced in 1987, has slipped to eighth in the 12 months to Oct-2010 as it expands at congested airports such as New York LaGuardia and operates with record load factors. As a result, the carrier’s turnaround time has also reportedly increased from 20 minutes to 30 minutes.

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