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Comair jumps as rival liquidates

Nov 06 2012 14:15
Reuters

Johannesburg - Comair [JSE:COM] shares rose more than 6%, extending gains into a second day, as investors bet the airline will see increased market share after rival 1time Holdings filed for liquidation after pulling the plug on a rescue plan.

Comair, whose no-frills airline Kulula.com competed with 1time and still competes with state-owned Mango, is up 6.25% at R1.70.

 
1time  |  comair

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