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Old 19th Apr 2006, 09:15
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Q4NVS
 
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100% Correct

I totally agree with the last - often people, epsecially those not directly involved, tend to measure success by the number of souls running up/down the airstairs...

This however is a false sense of achievement, i'd say.

As an example, if one looks at the rates 1Time are charging to Bloemfontein, they are most probably not turning more than R200 per seat after all the ACSA fees and taxes etc have been paid.

For those watching from the distance, seeing a DC9 at 80% load, would think hey these guys are coining it. At that revenue, i don't think so... Look carefully

As for the "only" airline making a profit....?

It has been said that of the R4 Billion borrowed by SAA, in the last 12 months alone, some R1.6 Billion has been repaid to Transnet. Goto be doing something (small) right atleast one day of the week to be able to do that, hey?

By the sounds of things, the new SAA plans might just catch a few off-guard.
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