Record performance by South Africa’s biggest private-sector airline

South African private-sector airline group Comair, operator of the British Airways in South Africa and Kulula low cost carrier brands, announced on Tuesday that it had achieved a record performance for the first half of the current financial year (July 1 to December 31, 2017). Earnings before interest, taxes, depreciation and amortisation (Ebitda) came to R604-million, up from the R575-million achieved in the period January 1 to June 30, 2017. Profit after tax was R203-million (as against R199-million during the previous semester). Earnings per share and headline earnings per share were 43.6c, as against 42.8c during the preceding six months.