Zoubert, they gained another partner Leon Zimmerman and Commercial Air Services was formed in 1943 on their return to South Africa.
In doing so, Colman established 12 precedents in South African corporate law; the litigation is now considered to be a landmark case.
[citation needed] In 2001 kulula.com was established, by co-founders Gidon Novick and Erik Venter, as the first low-cost airline in South Africa.
[9] The government of the British Overseas Territories Saint Helena and the United Kingdom's Department for International Development (DFID) announced in March 2015 that it had reached agreement with Comair for the provision of weekly air services from Johannesburg, to commence in 2016, when the Atlantic island's airport was due to open for revenue service.
[1] Comair Limited was a public company listed on the Johannesburg Stock Exchange (JSE: COM),[14] but after going into business rescue on 5 May 2020, the company was delisted from the Johannesburg Stock Exchange on 7 April 2021; this gave it access to ZAR100 million rand (USD6.8 million) under the COVID-19 Loan Guarantee Scheme put in place between the South African Reserve Bank and large commercial banks.
[14] The published key trends for the Comair group (which includes activities under the British Airways and kulula.com brands) are shown below, as at years ending 30 June.
Comair entered into voluntary business rescue proceedings on 5 May 2020, due to the impact of the coronavirus pandemic, and no annual accounts for the fiscal year ending 30 June 2020 have therefore been published.