Comair: ‘Consistent Profitability’ in No-Growth Market

17-Feb-2015 In the absence of growth in the domestic passenger market, South Africa's private domestic airline operator - JSE-listed Comair Limited - has reported capacity consistent with the previous year for the interim period leading up to December 2014. Revenue grew by 5% to R3.13 billion (2013: R2.96 billion), and earnings per share and headline earnings per share grew to 37.6 cents (2013: 34.3 cents). The cash balance was R688 million after an investment of R149 million in the purchase of the five Boeing 737-400s and early settlement of aircraft and simulator funding amounting to R73 million.