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South African Airways profit increases as nation's smaller carriers Comair and 1time post losses

24-Sep-2011

South Africa has become a competitive domestic air market, which is taking its toll on the LCC segment in particular. The country’s largest and only long-haul carrier, South African Airways, increased its profit as its restructuring continues. But it joined rivals Comair, whose profit decreased, and loss-making carrier 1time in a cautious outlook owing to increased airport charges as well as the global threat of high fuel. Despite the turbulent times, newcomer Santaco Airlines hopes to launch this year and avoid airports with high fees. [2807 words]

Unlock the following content in this report:

Subheadings:

  • South African Airways operating profit jumps; but faces 'difficult operating conditions' ahead
  • Comair reports disappointing 1HFY2011 results
  • 1time falls from profit in 1H2010 to loss in 1H2011
  • SAA only carrier to increase profit
  • Increased airport charges add to fuel woes
  • Newcomer Santaco Airlines hopes to enter market by end of 2011
  • Shaky outlook ahead
  • SAA leads in domestic and regional connectivity
  • LCC capacity share in South Africa tops 40%
  • ACSA traffic

Graphs and data:

  • South African Airways’ route changes: Jan-2011 to Oct-2011
  • South African Airways, Comair and 1time results comparison: 2011
  • ACSA tariff increases: 2011-2014
  • Top 15 carriers in Southern Africa by capacity (seats per week): week commencing 19-Sep-2011
  • South African Airways, Comair, 1time Southern African destinations: 2011
  • South Africa domestic LCC capacity share (%): 2001-2011
  • Johannesburg Oliver R Tambo International Airport to Cape Town International Airport (seats per week, one way): 04-Jul-2011 to 04-Mar-2012
  • Top 15 routes worldwide by capacity (seats per week): 19-Sep-2011 to 25-Sep-2011
  • Capacity (seats) comparison for Johannesburg Oliver R Tambo International Airport, Durban King Shaka Int'l Airport, Cape Town International Airport: Sep-2009 to Sep-2011
  • South African Airways’ regional route map: 2011
  • Comair route map: 2011
  • 1time’s route map: 2011
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