Rush to reduce SA low cost fares - Skywise

Skywise crew (Supplied)
Skywise crew (Supplied)

Johannesburg - There has never before been a rush to reduce fares in the South African domestic market like now, the co-chairs of the country's youngest airline, Skywise, said in a statement on Thursday.

Domestic competitors now have to really rethink hard about their price structure or adding value to their services or products, according to Skywise co-chairs Tabassum Qadir and J. Malik.

READ: New budget airline to take to the skies

In their view this is especially the case on SA's most lucrative domestic route, namely between Johannesburg and Cape Town.
 
“It is rewarding for Skywise to enjoy competition while influencing change in the way the South African airline industry prices their fares. This trend has consumers, rather than the airlines, being outright winners in the end,” said Qadir and J. Malik.
 
"We want ALL South Africans to take up to the skies in huge numbers. Broadly, this means accessibility to air travel by those who have been previously disadvantaged."

ALSO READ: Fastjet confident of pan-African goal

ZAR/USD
17.42
(-0.58)
ZAR/GBP
22.89
(-0.74)
ZAR/EUR
20.69
(-0.64)
ZAR/AUD
12.61
(-1.12)
ZAR/JPY
0.17
(-0.61)
Gold
2066.30
(+1.51)
Silver
29.05
(+8.23)
Platinum
1000.00
(+3.85)
Brent Crude
45.33
(+1.67)
Palladium
2212.63
(+2.24)
All Share
57656.69
(+0.05)
Top 40
53350.88
(+0.13)
Financial 15
9888.41
(-0.41)
Industrial 25
76178.50
(+0.02)
Resource 10
60086.05
(+0.49)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 913 votes
It depends on how the funds are used.
74% - 6065 votes
No. We should have gotten the loan elsewhere.
15% - 1236 votes
Vote