Comair seeks finance for four jets

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Comair is speaking to banks about export credit financing for four Boeing 737-800s. Late last year the airline mandated Investec to fund pre-delivery payments (PDPs) for......

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Boeing, Comair Limited Announce Next-Generation 737 Order

JOHANNESBURG, Feb. 2, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and Comair Limited today announced an order for eight Next-Generation 737-800s complete with the innovative new Boeing Sky Interior. Comair will use its new 737s to update the fleet of Comair's low-fare airline, kulula.com. The airplanes are valued at approximately......

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Delta's fleet strategy under scrutiny after RFP on narrowbodies

Delta Chairman Richard Anderson told analysts at the of last year the airline does not really need to re-equip its fleet but rather retire older aircraft and buy used, mostly the MD-90 it is amassing.

Consequently, Friday’s news that Delta has issued an RNP to acquire between 100 and 200 narrowbodies with options for 100 more, caught the industry by surprise. The aircraft set for replacement total 270, including 34 DC-9-50s, 69 A320s and 167 757-200s. The move has investors wondering whether Delta management isn’t going back to the industry’s bad old ways.

That is a good question......

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South Africa's Comair Limited Obtains Preliminary Commitment From U.S. Ex-Im Bank to Finance Purchase of Eight Boeing 737-800 Aircraft

JOHANNESBURG, Nov. 11, 2010 /PRNewswire-USNewswire/ -- Today the Export-Import Bank of the United States (Ex-Im Bank) announced the preliminary commitment to finance the purchase by Comair Limited, a commercial airline based here, of eight Boeing 737-800 aircraft.

Comair becomes the third South African company this week that is expected to receive export financing to buy......

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Comair leases three Boeing 737s

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Comair, Delta Air Line’s wholly owned subsidiary, has signed four-year lease......

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Delta's Comair to Cut Half Its Fleet, Eliminate Jobs

Delta Air Lines Inc.’s Comair regional carrier will eliminate most of its 50-seat jets and cut an unspecified number of jobs to lower costs by at least $110 million during the next four years.

“Absent any action on our part to change our current direction, our future remains in question,” Comair President John Bendoraitis said today in a memo to employees.

Comair will get rid of 53 of its oldest planes by 2012, said Kristin Baur, a spokeswoman. Most will be 50-seat Bombardier Inc. CRJs, shrinking the fleet to......

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South Africa’s Comair to renew with 737-800s

South African carrier Comair has tentatively signed for eight Boeing 737-800 aircraft, although funding has yet to be finalised. The aircraft will be delivered over the 2012-15 period......