Comair last night announced that it has suspended all the Kulula and BA flights it operates under a licence agreement.

The company’s business rescue practitioners have advised that the process to raise the necessary capital is in progress and that there is reason to believe funding may be secured.

Once confirmed, the airline will be able to recommence operations.

Fin24 reports that ticket sales have also been suspended with immediate effect.

‘We deeply regret the inconvenience this suspension will cause our customers. We did everything we could to avoid it. Comair, the BRPs and the lenders are working all out to get the funding in place so that we can resume our normal flight schedule as soon as possible,’ said Comair CEO Glenn Orsmond.

The SA Civil Aviation Authority imposed a precautionary suspension of Comair's Aircraft Operating Certificate in March for five days after what it called ‘a series of incidents’, including issues with the landing gear indicator on one of its flights.

Full report on the Fin24 site