Comair (British Airways) (Johannesburg) reported earnings of $7.7 million, a 14 percent increase, for the six months ending on December 31, 2007. This represents the 62nd consecutive yearly profit which is a tremendous achievement for any airline. The profit comes despite a pricing war in South Africa and escalating fuel costs (up 36 percent since June 2007).
Comair is also debating on whether it opens a new route to the United Kingdom using either the Comair brand or its low-cost Kulula.com subsidiary. British Airways (London) which flies the route and is a minority shareholder wants Comair naturally to expand more in Africa. Comair is planning to add Kampala (Uganda) later this year. Comair will also expand domestic and regional operations from Lanseria Airport which is located northwest of Johannesburg. It is also considering an alliance with Air Malawi.
Copyright Photo: Comair and Kulula.com has been adding four Boeing 737-400s to replace the less fuel efficient McDonnell Douglas DC-9-82s. Boeing 737-436 ZS-OTH (msn 25841) in Kulula.com’s green and white “Cow Parade” color scheme departs from the Johannesburg base. (Robert Matthews/FliteZoneImages)
Comair (South Africa) reports its 62nd consecutive yearly profit 
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