We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Suggestions that airlines are profiteering after the collapse of Comair are misplaced, and the steep hikes in ticket prices are mostly a function of oil price increases, Gidon Novick, the founder of SA’s newest carrier Lift airline, says.

Airline ticket prices have skyrocketed in the wake of the collapse of Comair, which accounted for as much as 40% of Southern Africa’s airline capacity. In recent weeks, a return flight from Johannesburg to Cape Town shot up to an average of between R3,000 and R7,000 — more than double the price of last year. A one-way ticket cost on average between R800 and R1,000 a year ago...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.