Sorry dude, even Bricknell proved that theory wrong. Comair already has plans for long haul fleet, hear they have a network partner already.
What exactly has ol uncle Vern proved??? what that you can sell tickets for R2000 and make no money? It is a world away from operating a double daily on the LHR route with aircraft that are going to give you the capacity to compete. He just doesn’t have the bucks to invest plain and simple.
Comair? Sure, perhaps they could scrape up the cash for a few decent aircraft to start up- they just wont have the bucks to keep it going when guys like EK/LH/KL/BA/etc sink their claws into them. As I’ve said before these guys are looking good at the moment because SAA is not on the top of its game- but when you compare them to the likes of LH then Comair is strictly in the amateur league. The Novick’s know this and would therefore defer- concentrating instead on SAA’s regional routes where they stand a better chance at turning a buck- problem is that’s where all the current local airlines will concentrate- turning the whole thing into an uncoordinated bun fight- easy pickings for the likes of KQ who are really moving up the ranks on the continent