Corporate Affairs

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    State-owned regional airline fiercely attacked by think-tank

    The Free Market Foundation (FMF) think tank has launched a scathing attack on State-owned regional airline SA Express (SAX), accusing it of being “obscenely subsidised with money diverted from poverty relief and tax payers”. It also warned that the airline might “be using illegal predatory pricing” to undercut its competitor, private-sector, airlines.

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    2018 a record year for global air transport

    The International Air Transport Association (IATA) has reported that 2018 saw more passengers fly than ever before, record airline efficiency, record fuel efficiency and more city-pairs connected than previously. Additionally, the real cost of air transport last year was half of what it had cost 20 years ago. This information was contained in the “IATA World Air transport Statistics 2019” report.

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    State-owned regional airline fiercely attacked by think-tank

    The Free Market Foundation (FMF) think tank has launched a scathing attack on State-owned regional airline SA Express (SAX), accusing it of being “obscenely subsidised with money diverted from poverty relief and tax payers”. It also warned that the airline might “be using illegal predatory pricing” to undercut its competitor, private-sector, airlines.

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    2018 a record year for global air transport

    The International Air Transport Association (IATA) has reported that 2018 saw more passengers fly than ever before, record airline efficiency, record fuel efficiency and more city-pairs connected than previously. Additionally, the real cost of air transport last year was half of what it had cost 20 years ago. This information was contained in the “IATA World Air transport Statistics 2019” report.

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    Think tank makes fierce attack on State-owned regional airline

    The Free Market Foundation (FMF) think tank launched, on Monday, a scathing attack on State-owned regional airline SA Express (SAX), accusing it of being “obscenely subsidised with money diverted from poverty relief and tax payers”. It also warned that the airline might “be using illegal predatory pricing” to undercut its competitor, private-sector, airlines. From August 2018 to July 2019, SAX benefitted from government bailouts and guarantees worth a total of “at least” R1.54-billion, pointed out the think tank. Over that same period, the airline carried a total of 400 000 passengers. This, the FMF calculated, amounted to a subsidy per passenger of R3 850 on a one-way trip, or R7 700 on a return trip.

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    Think tank makes fierce attack on State-owned regional airline

    The Free Market Foundation (FMF) think tank launched, on Monday, a scathing attack on State-owned regional airline SA Express (SAX), accusing it of being “obscenely subsidised with money diverted from poverty relief and tax payers”. It also warned that the airline might “be using illegal predatory pricing” to undercut its competitor, private-sector, airlines. From August 2018 to July 2019, SAX benefitted from government bailouts and guarantees worth a total of “at least” R1.54-billion, pointed out the think tank. Over that same period, the airline carried a total of 400 000 passengers. This, the FMF calculated, amounted to a subsidy per passenger of R3 850 on a one-way trip, or R7 700 on a return trip.

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    Think tank makes fierce attack on State-owned regional airline

    The Free Market Foundation (FMF) think tank launched, on Monday, a scathing attack on State-owned regional airline SA Express (SAX), accusing it of being “obscenely subsidised with money diverted from poverty relief and tax payers”. It also warned that the airline might “be using illegal predatory pricing” to undercut its competitor, private-sector, airlines. From August 2018 to July 2019, SAX benefitted from government bailouts and guarantees worth a total of “at least” R1.54-billion, pointed out the think tank. Over that same period, the airline carried a total of 400 000 passengers. This, the FMF calculated, amounted to a subsidy per passenger of R3 850 on a one-way trip, or R7 700 on a return trip.

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    Last year was a record year for global air transport – Iata

    The International Air Transport Association (Iata) has reported that 2018 saw more passengers fly than ever before, record airline efficiency, record fuel efficiency and more city-pairs connected than previously. Additionally, the real cost of air tran…

  • 0

    Last year was a record year for global air transport – Iata

    The International Air Transport Association (Iata) has reported that 2018 saw more passengers fly than ever before, record airline efficiency, record fuel efficiency and more city-pairs connected than previously. Additionally, the real cost of air tran…

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    Rolls-Royce ‘IntelligentEngine’ civil aerospace initiative advancing

    UK-based global major power plant manufacturer Rolls-Royce has reported that its the “IntelligentEngine” philosophy (also referred to as a vision) is making strong progress throughout its Civil Aerospace products and services “portfolio”, powerfully driven by the capabilities of digital technology. It affirmed that this was creating new opportunities for the company to supply its customers with increasingly connected, “more intelligent” engines and electrical systems.

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