Comair to return to service in December after business rescue plan gets green light

  • 📰 IOL
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Comair will gradually return to service from December, with a seven-month ramp-up period until June 2021, after the vast majority of creditors and shareholders voted to adopt the business rescue plan.

Comair chief executive Wrenelle Stander welcomed the adoption of the business rescue plan, which should save 1 800 jobs.

’’There may still be a few bumps on the way ahead, however, now that the plan is adopted, at last clearer skies are now in sight.” Glenn Orsmond, representing the Comair Rescue Consortium, says Comair plans to recommence air services in December with both the British Airways and kulula brands. Existing relationships will be maintained with British Airways, Discovery Vitality, Slow Lounges and Boeing.

Should everything go according to plan the business rescue process should be concluded by 31 March 2021, after which Comair will continue to operate as a sustainable business

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 46. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Numsa digs in over Comair business rescue meetingThe union says the airline operator is ‘blackmailing’ members into signing a collective agreement ahead of vote
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Numsa digs in over Comair business rescue meetingThe union says the airline operator is ‘blackmailing’ members into signing a collective agreement ahead of vote
La source: BDliveSA - 🏆 12. / 63 Lire la suite »