Comair fall 3% as strike continues | Fin24
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Comair fall 3% as strike continues

Apr 15 2016 13:38

Battle of the bailout between Comair and SAA. (Jenni Evans, News24)

Company Data

Comair Limited [JSE:COM]

Last traded 1
Change 0
% Change -5
Cumulative volume 178323
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Airline operator Comair's [JSE:COM] share price fell more than 3% by Friday, the third day of a strike by ground staff demanding higher wages.

Shares in Comair, a franchisee of British Airways and the owner of the low-cost airline, declined by 3.1% to R3.10 by 10:50 GMT.

The share price has fallen by more than 5% since Tuesday, after the United Association of South Africa said its members were preparing to strike.

The union wants a 35% increase over three years, while Comair is offering a 22.5% increase over three years, the airline said on Tuesday.

Both the company and the union were not immediately available for comment.

comair  |  airlines  |  strikes  |  travel and leisure


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