Tuesday, 17 July 2007

Comair says FY profit to climb 20-40 pct

(Reuters) - South African airline operator Comair -- a franchised partner of British Airways -- on Tuesday said full-year headline earnings per share and EPS would increase between 20-40 percent.

But the company said "unprofitable ticket pricing" by state run airline SAA through its new low-cost airline Mango had negatively affected industry profits in the fourth quarter of the financial year to end-June.


Read more at Reuters Africa

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