If you were looking to travel the air route between Johannesburg and Cape Town this week, you’ll need to cough up a lot more than you might have budged for.
Easily one of the most popular domestic routes, flight tickets between Johannesburg and Cape Town have sky-rocketed in price, fetching up to around R6000 for a return ticket on select airlines.
Who is raining on our domestic travel dreams parade? The demise of Comair has shaken things up in the world of flight. Comair’s fleet which included popular airline Kulula, accounted for roughly 40% of the supply market as Moneyweb reports.
Taking this into account, the liquidation of Comair precedented massive price hikes, with this week serving as testament.
Of Comair’s fall and failure to secure funding, Business Rescue Practitioner Richard Ferguson said that they had done their “utmost to secure the funding.”
Also read: Comair fails to secure funds, to be liquidated
Competitor airlines are now having a heyday as demands rise for the limited seats in the sky. Seats are down by around 9000 per week.
Meanwhile, FlySafair is gearing up to soar with new routes that will expand across Africa, marking its venture out of domestic niches.
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Picture: Pixabay