Full article on economist.com
This should be a good year for South African passengers, according to Business Day, a local newspaper. Following the failure of 1time Airline in 2012, four new low-cost carriers—FastJet, Skywise, FlySafair and a resurrected version of 1time—are poised to enter the market and inject some competition. At present state-owned South African Airways (SAA) and privately owned Comair are the only noteworthy scheduled passenger operators. But Business Day’s outlook may be rose-tinted. Two of the four new entrants have already faced legal challenges. And SAA has made scant progress with a turnaround plan. Until its balance sheet is in better shape, the South African authorities are unlikely to liberalise the sector any further...
