(Comair and SAA), each with a budget airline attached to the premium brand, and since the demise of 1time in 2012 the cost of f lying within South Africa has markedly risen. However, we may see more airlines enter our market, prices will drop and owning an airline will once again be a trying pastime.
Comair Limited it with 4.99% of Murray & Roberts and taking a 5.001% stake in Imperial. On the Lazard website, it says that the company has $155.7bn in assets under management. On the Murray & Roberts free f loat issue, the sale does increase free f loat but it sits at just over 20% ‒ still a relatively small number for a R10bn market-cap company.