South African aviation sector in trouble as Comair goes into business rescue

South African aviation industry is faced with serious financial problems which might make it difficult for some airlines to survive beyond the ongoing lockdown, said an economist.

Jannie Rossouw, head of School of Economic and Business Sciences at the University of the Witwatersrand, said this when commenting Comair which owns low-cost carrier Kulula Airline entered into a business rescue due to its financial problems. "This doesn't come as a surprise, several airlines were in financial trouble before the lockdown, so this has worsened their problems," he said.