Tag: wrenelle stander

COVID-19: SA based airline Comair enters business rescue

JSE-listed airline, Comair, has announced the group will enter business rescue to safeguard the interests of the company and its stakeholders after the COVID-19 crisis disrupted the implementation of a turnaround plan.

Comair CEO on COVID-19 impact on business

JSE-listed airline operator Comair has reported a R555 million half-year net loss. The company is facing tough skies ahead as it looks to claim compensation from Boeing for the grounding of the Boeing 737 MAX 8 as well pursuing to claim the full outstanding amount owed by SAA whilst implementing cost cutting measure. Comair CEO, Wrenelle Stander joins CNBC Africa for more.

SAA settlement lifts Comair’s earnings

Comair’s revenue increased by 9 per cent to R7.1 billion in the year to-end June mainly attributed by R1.27 billion settlement it received from SAA. The company also saw a 16 per cent increase in operating expenses to R6.26 billion. Joining CNBC Africa for more is Wrenelle Stander, Joint CEO, Comair Limited.

Comair names Glenn Orsmond, Wrenelle Stander as new joint CEOs

There have been quite a few board changes in corporate South Africa in the last few hours in everything from mining to airlines. CNBC Africa's Chris Bishop filed this special report.