Cape Town - Comair advised shareholders on Wednesday that the South Gauteng High Court has ruled in its favour in a case the airline initiated against SAA 14 years ago in respect of the national carrier's anti-competitive travel agent incentive schemes.
According to Comair [JSE:COM] the scheme was designed to keep travel agents loyal to SAA, therefore allegedly being in breach of the Competition Act. The scheme was in place from 2001 to about 2006.
“This has been a long and complex case. It has taken 14 years to get to this point and we are pleased that a judgment has now been handed down. We pursued this case because a dominant carrier had abused its position in the market to the detriment of its competitors, their shareholders and employees, and the flying public. We will need some time to study the judgment before making any detailed comment,” said Comair CEO Erik Venter.