Comair Limited - Press Announcement
Comair Limited
(Incorporated in the Republic of South Africa)
(Registration number 1967/006783/06)
("Comair" or "the Company")
JSE Share code: COM ISIN number: ZAE000029823
KULULA.COM PLANS FLEET REPLACEMENT
kulula.com, the low-fare airline in the Comair Limited stable, announced today
that it will be undergoing a complete fleet replacement programme in the near
future with a view to further decreasing its operating costs by 30%.
"There is a unique opportunity currently in the aircraft market to completely
replace our existing fleet with much more cost efficient aircraft which will
enable us to continue offering prices that are 42% lower than our competitors,"
said kulula.com Commercial Director, Gidon Novick.
The favourable rand/dollar exchange rate as well as the current oversupply of
commercial aircraft in the world has resulted in the opportunity for the airline
to lock in lower operating costs for the future.
kulula.com, which recently carried its one millionth customer, plans to acquire
4 Mcdonnel Douglas MD82 aircraft to operate its 5 domestic routes within South
Africa. The latest addition to kulula.com"s network is a daily return service
between Johannesburg and George which commenced last week. The new aircraft will
be painted in kulula.com"s trademark bright green livery.
Facts about the MD82:
* The MD82 has a capacity of 162 seats;
* The aircraft comply with noise environmental requirements and are stage 3
noise compliant;
* The MD82 has the quietest cabin as the engines are at the rear of the aircraft
Date: 29/09/2003 05:40:56 PM
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