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Comair Limited
1 Marignane Drive, Bonaero Park
Phone: +27 119210111p:+27 119210111 Kempton Park, 1619  South Africa Fax: +27 113952546f:+27 113952546
Filed for Bankruptcy on 5/5/2020
On 5/5/2020, Comair Limited announced its decision to enter Business Rescue, South Africa's Bankruptcy protection process.
Shaun Collyer and Richard Ferguson have been appointed as the Joint Business Rescue Practitioners with effect from 5/5/2020.
Comair Limited was granted approval to suspend the trading of its shares on the JSE with immediate effect.
On 2/16/2021, Comair Limited (In Business Rescue) filed a Chapter 15 Bankruptcy Petition (Case #21-10298) in the U.S. Bankruptcy Court for the Southern District of New York (Manhattan) to gain the recognition and protection of the U.S. Courts for its Business Rescue Proceedings.
On 6/14/2022, Comair Limited and Kulula.com were placed in Provisional Liquidation by the South Gauteng High Court in Johannesburg.
This company is no longer actively traded on any major stock exchange.
Business Summary
Comair Limited is a South Africa-based company engaged in offering scheduled and non-scheduled airline services within South Africa, sub-Saharan Africa and the Indian Ocean Islands. The Company operates its scheduled airline services through two brands: the kulula brand and the British Airways brand. The Company operates through two segments: Airline and Non-airline. The Non-airline segment consists of the travel business, property investments, simulator business, Slow Lounges and Slow in the City. The Company offers the non-airline related services, such as travel and holiday packaging service, which delivers travel and holiday packages to a range of destinations both locally and internationally, both directly to consumers and to the retail travel trade. The Company's brands under the Travel and Holiday package banner include kulula holidays, MTBeds, African Images and African Dream Holidays, and the Company also has a Harvey World Travel Holiday Retail Travel Agency.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20196/30/2019Yes-Yes--

Industries
SIC Code Description
4512 Air transportation, scheduled
4522 Air transportation, nonscheduled

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Lindsay P.Ralphs 64 10/29/2019 7/1/2019
Chief Executive Officer Glen W.Orsmond 11/30/2020 3/17/2020
Chief Financial Officer KirstenKing 36 11/30/2020 6/9/2014
5 additional Officers and Directors records available in full report.

Business Names
Business Name
4C2
Aconcagua 32 Investments Proprietary Limited
Alooca Properties Proprietary Limited
16 additional Business Names available in full report.

General Information
Number of Employees: 2,193 (As of 6/30/2019)
Outstanding Shares: 469,330,865 (As of 12/1/2020)
Shareholders: 5,285
Stock Exchange: JNB
Fax Number: +27 113952546
Email Address: cr@comair.co.za


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Saturday, July 22, 2023