BUSINESS MAVERICK: Erik Venter leaves Comair on a high and profitable note

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BUSINESS MAVERICK: Erik Venter leaves Comair on a high and profitable note By Ray Mahlaka

It’s time to move on and do things differently. I have been at Comair for 23 years and I think a bit of fresh blood is never a bad idea… It is time to take a break.”Whatever Venter’s next move is, market watchers believe that he has been critical to the Comair resilience and growth story.He’s one of the stalwarts of the aviation industry in South Africa. He has developed Comair into a significant player.

These ancillary businesses have become meaningful, contributing 27% to Comair’s group profit after tax of R127-million for the six months to December 2018. Unlike SAA’s ageing fleet, Comair has invested more R5-billion to upgrade its fleet to Boeing 737-8 MAXes, allowing its kulula.com and British Airways brands to increase seating capacity, operate more competitively, and cut fuel usage by at least 6%.

 

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