Comair, which operates Kulula.com and British Airways flights in SA, has sold its slow business lounge to FirstRand Bank for R250m to raise the capital it needs to emerge from business rescue.
The airline which had 74 years of unbroken flights and started out as a charter service, went into business rescue in May 2020. It resumed flying in December 2020, while in business rescue.
It stopped all flights again, however, on Monday July 5 due to the longer curfews imposed in response to the…