Airlines in South Africa
Hello everyone, I just wanted to ask whats going on with the airlines in South Africa and why is it that most of them aren't doing well? So far we've seen both Velvet and 1time go under and I always hear of SAA receiving negative profits and needing a bailout from the SA government. Are private airlines not able to compete with SAA because they are funded by the government? Or is it that the demand for air travel in South Africa just doesn't require more then a few airlines and so certain airlines will be pushed out of the market? I am just curious to get different opinions on the situation. Thank you for your time and information. It's greatly appreciated.