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Comair jumps as rival liquidates

Nov 06 2012 14:15 Reuters

Company Data

Comair Limited [JSE:COM]

Last traded 4.60
Change 0.06
% Change 0.01
Cumulative volume 37471
Market cap 2.03bn

Last Updated: 25/04/2014 at 09:20. Prices are delayed by 15 minutes. Source: McGregor BFA

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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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