Comair announces solid results

Comair grew revenue by 6% in the six months to 31 December.

After-tax profits amounted to R199 million with headline earnings per share totalling 42.8 cents.

Comair has been operating in South Africa since 1946.

It’s thought to be the only airline in the world to have achieved operating profits for 70 consecutive years.

The Money Show’s Bruce Whitfield interviewed Comair CEO Erik Venter.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

The very weak economy is a real issue for us.

Erik Venter, Comair

We’re driven by efficiency.

Erik Venter, Comair

If we had a stronger economy we could do so much more.

Erik Venter, Comair

The leaps in technology is quite extreme.

Erik Venter, Comair

Airfares has never kept up with inflation.

Erik Venter, Comair

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Article brought to us by Old Mutual.


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