Comair nett profit per passenger double the world average

[Boontjie]

http://www.moneyweb.co.za/moneyweb-spec ... ceo-comair.

Awesome Comair - absolutely well done - and that being in an unfair competition environment.

No turnaround strategy needed - just carry on doing what you are doing well - well done

[Richard Smit]

Impressive. Well done to the team at Comair!

[Gary Lees]

Even further proof that with them now objecting to FlySafair, Comair is only there to ensure that the playing field is only level on the Comair side. Comair has become the great rip off airline who are so busy pointing fingers at everyone else to hide their own problems. How does a regional airline make this type of profit, double any other in the world, and then CLAIM the unfair environment? What a load of poppycock!

[Grade III]

Even further proof that with them now objecting to FlySafair, Comair is only there to ensure that the playing field is only level on the Comair side. Comair has become the great rip off airline who are so busy pointing fingers at everyone else to hide their own problems. How does a regional airline make this type of profit, double any other in the world, and then CLAIM the unfair environment? What a load of poppycock!

Wouldn't you do the same if you owned an airline? It's not personal, it's just business and Comair's track record speaks for itself.

[ARM505]

Even further proof that with them now objecting to FlySafair, Comair is only there to ensure that the playing field is only level on the Comair side. Comair has become the great rip off airline who are so busy pointing fingers at everyone else to hide their own problems. How does a regional airline make this type of profit, double any other in the world, and then CLAIM the unfair environment? What a load of poppycock!

So, if they believe they had a legal objection that was supported by current regulation, they should just shut up? Yes? No?

[RV-8]

Even further proof that with them now objecting to FlySafair, Comair is only there to ensure that the playing field is only level on the Comair side. Comair has become the great rip off airline who are so busy pointing fingers at everyone else to hide their own problems. How does a regional airline make this type of profit, double any other in the world, and then CLAIM the unfair environment? What a load of poppycock!

Well said Garry, I wonder where Comairs transformation is, they aren't forced to employ previously disadvantaged pilots.
How many black pilots do they have?
Why is there no cadet scheme in Comair if they are making so much profit?
They keep on pointing fingers at SAA, perhaps SAA should start fighting back.
It's not a level playing field if SAA has to pay millions for transformation (according to the employment equity act) and Comair just looks the other way.

[80knots]

A few years ago the government was taking Comair to court for non-compliance in BEE. All of a sudden it went quiet. Wonder why?

Gupta influence maybe?

[ARM505]

How many black pilots do they have?
Why is there no cadet scheme in Comair if they are making so much profit?
They keep on pointing fingers at SAA, perhaps SAA should start fighting back.
It's not a level playing field if SAA has to pay millions for transformation (according to the employment equity act) and Comair just looks the other way.

Oh come on! This is getting ridiculous! Are you seriously saying 'it's not a level playing field'.......in Comair's favour?! SAA receives government guaranteed loans for billions and billions of Rands, the repayment terms of which are nebulous at best (so -free money)! Also, fact check: Comair DOES have a Cadet program, which also employs PDI's (for which it also got blasted here btw) - it's just MUCH smaller than SAA's (those billion Rand subsidies again remember?) And since Comair can't pay as well as SAA, black pilots tend to leave anyway. Also, it should be blindingly obvious that despite always making a profit, this one is particularly good because of some of the programs they've implemented in the recent past (that 'good management' thing, aka adapt or die, unlike SAA's 'don't adapt, continue as the walking undead' policy) - they're not rolling around in cash, it's not always so good! Still only a......what, about 3% profit margin?

Damned if you do, damned if you don't.....and don't get me started about posting with zero clue! Gupta influence?! Really? Epic....It wasn't 'All of a sudden it went quiet' - it was actually pretty drawn out, before (surprise surprise!) they discovered that they didn't have any kind of logical, legal, or ethical case and had in fact wasted everybody's time and money. So......sounds like the Gupta's have influenced the average IQ around here, not so much Comair's BEE issues though...

It's not like I'm just going to auto-leap to Comair's defence here, I'm pretty sure they haven't been elevated to sainthood by the Pope; but I would like to see some vague elements of logic and fact at least peeking their heads out now and again. The lameness is becoming overpowering.

/rant

[macdaddy]

As impressive as this seems, doesn't it just mean that we are paying way too much for our airline tickets?

[ARM505]

Comair apparently makes about R45 per passenger carried if my amnesia is in recession today for a change. So in theory, to make no profit whatsoever, each passenger would save R45. Hardly going to impress either the passengers themselves or, on the flipside, the investors/shareholders/banks (those loans for the new planes you see). Compared to the billions in turnover, the profit margins in this industry are still razor thin. I wouldn't feel ripped off just yet, opinions may differ of course.

[Nicolaas206]

Even further proof that with them now objecting to FlySafair, Comair is only there to ensure that the playing field is only level on the Comair side. Comair has become the great rip off airline who are so busy pointing fingers at everyone else to hide their own problems. How does a regional airline make this type of profit, double any other in the world, and then CLAIM the unfair environment? What a load of poppycock!

Well said Garry, I wonder where Comairs transformation is, they aren't forced to employ previously disadvantaged pilots.
How many black pilots do they have?
Why is there no cadet scheme in Comair if they are making so much profit?
They keep on pointing fingers at SAA, perhaps SAA should start fighting back.
It's not a level playing field if SAA has to pay millions for transformation (according to the employment equity act) and Comair just looks the other way.

I'm pretty sure there was a Comair cadet scheme not too long ago.

[80knots]

Gupta influence?! Really? Epic....It wasn't 'All of a sudden it went quiet' - it was actually pretty drawn out, before (surprise surprise!) they discovered that they didn't have any kind of logical, legal, or ethical case and had in fact wasted everybody's time and money. :

Isn't that that what the NPA said about the corruption charges against JZ???? It may have been drawn out, but the final silence was sudden!!!!

Anyway must be nice to be allowed to be lily white where it counts most. Where you can put the best most experienced people in important positions and ignore the lesser experienced (generally affirmative action categories). They don't have to factor in 30% reinvestment when ordering aircraft. Fact is arm5, they can employ whom they want, buy/contract from/to whoever they like, not have to worry about the bigger picture of the government's objectives. Level playing field - I think not..

PS: are you running out of arguments??? Your insults are increasingly lame and pointless.

[Boontjie]

At the end of the day it SHOULD be the bottom line that keeps airlines in the air and not wings and P&W's...

[deweddy1]

My Word guys

Take it form a fare paying passenger, that loves flying, and very proud South African, that CAN see a future in this country.

SAA does not get customer experience from beginning to end. Cockpit and flight crew might be fine to great, but ground staff are clue less about customer service. I've been traveling for 21 years, do 70 plus sectors per year domestically and 40 plus sectors internationally per year. Only route I am forced to use SAA is to Lagos, ( currently a bi monthly trip from CPT ) rest I avoid them as far as possible.

I pay fare, taxes, airport taxes and the rest. I'm one of the citizens keep the metal in the air. I get proud when I see the tail in IAD,NYC,LHR,FRA,HKG or PER, but if you ask me to fly them I will first look for an option on BA COmair, EK or QR. Where I get treated like a person and fare paying passenger. Been at the SAA counter in JNB so many times in the Queue, where I listen to ticketing staff talking to foreigners like they are animals, not even looking up to acknowledge they are standing there, or giving a smile when they get to the counter. That warm SA smile portrayed on SAA inflight magazines and and IFE??????

Get to BA Comair, what a WORLD OF diffrence.

Give you an example

Board SAA flight CPT - JNB on 7 October, connecting onto Lagos. I'm around no 30 boarding after using priority boarding as Silver Voyager member. Get to door of aircraft just to be told sorry you can not take your hand luggage onboard. I travel to Lagos for 1 night, 28 hrs on the ground, I have one cabin bag, that I did not wrap because it is a cabin bag, and it fits in overhead, as I travel with this thing weekly!!!!

Ask the gentleman can I just check to see for space.... no sir, and heres my name if you want to complain. Leave bag, go ask cabin manager, she replies, sorry he is the boss what he says is law???????? Are you kidding me.

Long story short, remove valuables, and board. Got to seat 12A, just to notice space all over the overhead bins for more than just my bag or even 20 people around me

WHY, how, what now. Me.....paying passenger, yet again p&^)*&%^sed off by SAA, what do I do now. yet again just leaving it, or do I go somewhere to complain.

Or, just keep on flying the alternative where possible.

[deweddy1]

And rarely do I find SAA cheaper than BA Comair on domestic routes, so for us as paying public, paying preium fares, not the R600-R1000 oneways, the price diffirence does not matter. R50/R100. I;ll pay R200 per sector more to avoid SAA. Unless I have no option, or my international sector from JNB is also SAA.