FlyerTalk Forums - View Single Post - 31 May 2022 : British Airways operated by Comair (South Africa) flights suspended
Old Jun 4, 2022 | 2:26 am
  #34  
JAXBA
 
Join Date: Mar 2009
Location: JAX
Programs: Ex-BA/AA/CP/LY staff, BA Blue, IHG Diamond, Marriott Silver, Chick-fil-A Red
Posts: 3,755
Originally Posted by clansey1973
IIRC IAG own 18% of Comair, so perhaps they may participate in a refinancing.
I’m not sure what happened to BA’s investment, but it very well may have been diluted or lost when Comair went into Business Rescue (bankruptcy) a couple of years ago, and a new class of shares were issued to the new investors.
JAXBA is offline