The potential for Low Cost Carriers to reform a market remains one of the bright spots in these dark days. As if to prove it, Kulula in South Africa held a "garage sale" and in one day sold 55,000 tickets. That works out to about 350 Boeing 737s worth of tickets IN 18 HOURS.... that's about 1 Ticket a second.
So more power to Gidon and the lads for this one. If they can do it (remember this is a 62 YEAR OLD Company) then shame on anyone else who says they cannot.
Cheers
Showing posts with label Comair. Show all posts
Showing posts with label Comair. Show all posts
23 September 2008
29 April 2008
Nationwide shuts down. Fuel claims first African Airline in the crisis
This is a post from our sister blog. Sorry - I posted it wrong!
Confirmed - Nationwide has shut down
Efforts will be mounted to restart Nationwide which has a large labor force but prospects look bleak at this point.
The South African HVC was unable to compete with the LCCs in its market - 1Time, Mango and Kulula. Despite making a good run. The delay in resolving the BEE (Black Economic Empowerment) element at a time when cashflow was critical finally crushed the carrier.
Of the 3 LCCs - we believe that Fly Mango (supported by Government funds) with the Orange Planes and Kulula with the lime green ones are well positioned with BEE concluded. 1Time with the red planes is also BEE as required by the aviation charter. However without the support of the ZA government, it has found itself hard pressed with a gas guzzler of a fleet. Still strict adherence to the LCC model is sustaining them.
Labels: 1Time, Comair, Kulula, Mango
Fuel Claims Another Victim - Nationwide South Africa Stops Flying
According to reports coming from South Africa - Nationwide Airlines the low cost airline serving Domestic South Africa main markets, Lusaka in Zambia and a 4x a week JNB-LGW service has stopped flying from mid day today.
As yes these reports are not officially confirmed but you cannot reach their call center.
With a largely old fleet the airline has been severely impacted by the fuel price surge. Last year one of their older planes had an interesting mishap when an engine seperated from the aircraft just after takeoff. The airline was grounded for some time until checks were made.
There have been numerous airlines that have shut down in the last 12 months. Fuel cost has been the largest culprit.
Confirmed - Nationwide has shut down
Efforts will be mounted to restart Nationwide which has a large labor force but prospects look bleak at this point.
The South African HVC was unable to compete with the LCCs in its market - 1Time, Mango and Kulula. Despite making a good run. The delay in resolving the BEE (Black Economic Empowerment) element at a time when cashflow was critical finally crushed the carrier.
Of the 3 LCCs - we believe that Fly Mango (supported by Government funds) with the Orange Planes and Kulula with the lime green ones are well positioned with BEE concluded. 1Time with the red planes is also BEE as required by the aviation charter. However without the support of the ZA government, it has found itself hard pressed with a gas guzzler of a fleet. Still strict adherence to the LCC model is sustaining them.
Labels: 1Time, Comair, Kulula, Mango
Fuel Claims Another Victim - Nationwide South Africa Stops Flying
According to reports coming from South Africa - Nationwide Airlines the low cost airline serving Domestic South Africa main markets, Lusaka in Zambia and a 4x a week JNB-LGW service has stopped flying from mid day today.
As yes these reports are not officially confirmed but you cannot reach their call center.
With a largely old fleet the airline has been severely impacted by the fuel price surge. Last year one of their older planes had an interesting mishap when an engine seperated from the aircraft just after takeoff. The airline was grounded for some time until checks were made.
There have been numerous airlines that have shut down in the last 12 months. Fuel cost has been the largest culprit.
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