Commission meets with domestic airlines to fill Comair void, avoid price gouging
The Competition Commission has called on major airlines in South Africa to help bring capacity into the market following a decision by Comair to suspend all British Airways and kulula.com flights, with immediate effect on May 31.
Comair’s decision to suspend the flights will significantly reduce capacity in domestic air travel and reduce competition.
Concerned about the impact of Comair’s decision on air ticket prices and to understand how capacity could be brought to the market to mitigate the impact, the commission met separately with the leadership of airlines Lyft, FlySafair, Airlink and South African Airways this week.
In its meetings with the airlines, the commission specifically sought to prevent any possible price gouging emanating from the supply shock.
The commission reports that the airlines involved responded positively, acknowledging the need to bring more capacity into the market and committed not to change their pricing methodologies to exploit the situation.
All parties further acknowledged the challenges posed by the rising fuel prices, which are likely to contribute to increases in the cost of air travel.
Going forward, the commission states, it will continue to monitor the unfolding situation.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOM
Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
