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Weak rand impacts Comair results

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Atmosphere Communications

Johannesburg - Despite very challenging market conditions in the first half of the 2016 financial year, Comair delivered cash earnings - before depreciation and foreign liability translation losses - of R382m, compared to R481m in the comparative period.

The impact of the collapse of the rand to record lows against the dollar was one of the biggest challenges.

Comair operates under its low-fare airline brand, kulula.com, as well as under the British Airways livery, as part of its British Airways license agreement.

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