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LEARN TO FLY WITH US FROM NPL THROUGH TO CPL Dale de Klerk Cell: +27825563592 Fax: 0866058948 Skype: dale_de_klerk Email: dale@alpiaviation.co.za
WE NOW OFFER TAILWHEEL TRAINING & AEROBATIC TRAINING
www.alpiaviation.co.za
AME Doctors Listing
SURNAME F IRS T NAME LOCATION TEL NO E -MA I L
Britz Rudi Wonderboom Airport 083 422 9882 rudiavmed@gmail.com Regular Class 2, 3, 4 Senior Class 1, 2, 3, 4 On site Specialist tests Off-site Specialist tests FAA registered EASA registered Other countries
Church Belinda Valhalla 079 636 9860 churchbs@live.com
Du Plessis Alexander Athlone Park 031 904 7460 dex.duplessis@intercare.co.za
Erasmus Philip Benoni 011 849 6512 pdceras-ass@mweb.co.za
Govender Deena Umhlanga Rocks 031 566 2066/7 deena@drdg.co.za
Ingham Kenneth Midrand 011 315 5817 kaingham@hotmail.com
Marais Eugene Mossel Bay 044 693 1470 eugene.marais@medicross.co.za
Opperman Chris Pretoria Lynnwood 012 368 8800 chris.opperman@intercare.co.za
Schutz Ernest Germiston 011 825 5300 schutzfm@iafrica.com
Tenzer Stan Rand Airport & JHB CBD 083 679 0777 stant@global.co.za
Toerien Hendrik White River, Nelspruit 013 751 3848 hctoerien@viamediswitch.co.za
THE IMPACT OF CORONAVIRUS 14 MARCH 2020.
FOR SALE
• Total hours: 84 • No accident history • Authority to fl y is current • Instruments include: Garmin Aera 550 • Full service history by Rotorway SA ROTORWAY 162 F ACIS
R850 000 plus VAT Contact: Ernst at 083 284 4328
COMAIR CUTS JOBS
For the first time in its 75 year history Comair is facing the prospect of making a loss.
Comair CEO Wrenelle Stander is cutting jobs.
THE impact of the Corona virus and the grounded Boeing Maxes has forced Comair into a radical restructuring which it says is an attempt to improve efficiency and financial sustainability.
The restructure includes retrenchments. It is not yet clear how many jobs could be at stake. CEO Wrenelle Stander said in a statement that reducing staff was a decision taken with “great regret. We continue to pursue cost reduction measures across the group to mitigate the impact on our staff,” she said.
According to the statement, the restructure is necessary due to a tough economic climate and the “unprecedented crisis” facing the global industry due to the coronavirus pandemic.
Stander said the company’s results
for the first half of the 2020 financial year showed that, although its revenue grew at 3% during the six months, it could not sustain the additional costs of 14%. The cost increases resulted from some underperforming investments and significantly higher fleet and maintenance costs which severely impacted the company’s profitability. “While the decision to renew our fleet was the right one at the time, the pace of renewal in an under-performing economy placed a burden on operating costs and profitability. In 2019 alone we took delivery of five additional Boeing 737-800 leases, as well as a new Boeing 737 MAX 8 aircraft,” Stander said.
The world-wide grounding of the Boeing MAX 8 has also had a negative impact on the company. Furthermore, although the decision for the company to transfer from SAA Technical (SAAT) to Lufthansa Technik Maintenance International (LTMI) is progressing according to plan, the airline will be paying for two maintenance providers until at least the end of June 2021. Despite various efforts over the last few months to, among other things, preserve cash, maintain liquidity, divest from nonperforming acquisitions and aggressively reducing costs, Stander said more must be done, which meant the Section 189 retrenchment process could not be avoided. Regarding the Covid-19 pandemic, Stander said the airline has been cancelling and combining flights in response to lower demand. “We will continue to adjust our operation to the rapidly evolving situation. For the foreseeable future the primary focus will be on restructuring the balance sheet as well as cash preservation and to focus on the long-term sustainability of the organisation,” she concluded.
2 x 1/4 share available in a well run Proprietary Limited company. All assets and aviation activities administered through this entity. For more information contact: Glen +27 83 447 5259 or Steve +27 82 881 5293
Assets include: • Hanger (Eagles Creek) • 2005 Cirrus22-G2 • 1966 C182-J • Aeroprakt A22