With the collapse of Comair, ticket prices will have to be hiked due to the higher fuel costs and capacity constraints that is has caused."Prices are being spiked up by tightness in the availability of seats, but the price of jet fuel means they won't drop to previous levels," says Gordon.
According to Business Tech's report, jet fuel has indeed increased by 220% over the last year and makes up about 50% of total operating costs - which are up 30%.King Shaka International Airport has embarked on a project to upgrade the parking management system. Image/ Northglen NewsIf you think about the costs for passengers using air travel in South Africa, it has increased by almost 50% over the last year.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market data — August 21 2022Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »
There’s more to business education than lunch, says HenleyThe cost of going virtual far outweighed the savings, says Henley Africa head I have no idea on Bitcoin but I'm currently earning R67,458.67 weekly with R15,000 start up Capital, I'm happy to invest with Gabriel_FOS1 i just pulled out my profit,i highly recommend her to those interested Gabriel_FOS1 I have always hated Bitcoin and thought it was a scam until a friend referred me to Allison_Grillo, I made my first withdrawal of R100,000 in 2 weeks thanks to Allison_Grillo.
Source: FinancialMail - 🏆 20. / 63 Read more »
Residential property stock dips as more South Africans semigrate to the CapeHouse prices in sought-after Western Cape areas soar due to high demand from Gauteng and KZN residents. Which is a good thing. The coast is running out of residential stock because demand is so high
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Residential property stock dips as more South Africans semigrate to the CapeHouse prices in sought-after Western Cape areas soar due to high demand from Gauteng and KZN residents DA are professional managers. The rest are professional criminals.
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Residential property stock dips as more South Africans semigrate to the CapeHouse prices in sought-after Western Cape areas soar due to high demand from Gauteng and KZN residents. I am unable to read the article, as I am unable to subscribe, but I will tell you, the prices not only soar in 'sought-after areas' all over WC, hence there many 'informal settlements'because people follow development & good governance. A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake buy when I try it I realise that is real so I won’t keep silent I need everyone to smile like me Andrew_01cassen Lies, people are moving to the homelands
Source: TimesLIVE - 🏆 28. / 59 Read more »
Sasol restores dividend as fuel prices explodeEnergy group meets target of reducing net debt with higher prices offsetting operational woes Are you sure about that debt value ? Is it not $3.8 billion?
Source: BDliveSA - 🏆 12. / 63 Read more »