
Velvet Sky

- IATA Code
- VZ
- ICAO Code
- VEL
- Corporate Address
- P.O.Box 22401
Glenashley
4022
South Africa - Website
- http://www.flyvelvetsky.com
- Main hub
- Johannesburg Oliver R Tambo International Airport
- Country
- South Africa
- Business model
- Regional/Commuter
Velvet Sky was a low-cost carrier based at King Shaka International Airport in Durban, South Africa. The airline, which was launched in March 2011, was privately owned and operated domestic service to the major cities of South Africa. The carrier suspended services in Mar-2012.
Location of Velvet Sky main hub (Johannesburg Oliver R Tambo International Airport)
26 total articles
and
Velvet Sky liquidation to go ahead
Velvet Sky placed under provisional liquidation
Some Velvet Sky passengers to get refunds
Velvet Sky hopes to resume operations in mid-Apr-2012
Velvet Sky: liquidation process has ended, services will resume shortly
Velvet Sky outlines rescue package that includes foreign investment and new routes
Future of Velvet Sky depends on outcome of BP Southern's liquidation application
Velvet Sky suspends all services until 05-Mar-2012
Velvet Sky owes fuel provider USD3.8m: reports
Velvet Sky denies reports services at Cape Town International Airport have been cancelled
Velvet Sky cancels services at Cape Town International Airport: reports
Excalibur to acquire 1time shares for expansion
Velvet Sky to launch three new services
Velvet Sky aims to acquire three more aircraft in next 12 months
Velvet Sky to launch service in the Southern African Development Community
1time sells stake to create access to capital for fleet expansion
1 total articles
and
South African Airways and Comair could face new LCC competitor following demise of 1Time
South Africa has lost two airlines this year with the collapse of low-cost carrier 1time on 02-Nov-2012 and short lived LCC start-up Velvet Sky in Mar-2012. The demise of the smaller carriers has in effect returned the South African domestic market to a duopoly of South African Airways and Comair and their respective subsidiaries.
SAA dominates the market with its main brand supported by LCC subsidiary Mango and regional subsidiary SA Express. Comair operates a full-service British Airways franchise and competes in the LCC market with its Kulula brand. The two groups probably have until about the middle of 2013 to consolidate their positions in anticipation of an inevitable new entrant, likely to come from former 1time executives who appear to be planning to launch new LCC Skywise early in 2013.
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- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.



