• FULL mini budget speech

    Read the full mini budget speech delivered by Finance Minister Pravin Gordhan.

  • #FeesMustFall reporting

    What are the real issues and whose voices are being suppressed by social media, asks Solly Moeng.

  • Matchmaker businesses

    Multisided platforms can create huge value for society and fortunes for entrepreneurs, says Ian Mann.

All data is delayed
See More

Low cost airlines 'here to stay'

Oct 19 2012 14:58

Johannesburg - Low cost carriers are more relevant today than ever, low cost airline Mango said on Friday.

"Simple arithmetic makes it clear that opting for a lower cost base and better operational efficiency is preferable to the higher input costs normally associated with traditional carriers," CEO Nico Bezuidenhout said.

"Commercial agility, high asset utilisation, optimised seat density, accessibility and other innovations will continue to place LCC's ahead of other carriers."

Bezuidenhout was speaking at the 42nd annual general meeting of the Airlines Association of Southern Africa in Maputo, Mozambique.

He said consumers voted with their wallets, therefore LCCs outnumbered legacy carriers and growth was likely to continue in this trend.

"While the current climate has not been conducive for an overly strong showing in the LCC sector, one also continues to see sustained migration from legacy airlines to more affordable options."

He said that LCCs were here to stay and he expected them to lead in Africa over the next decade.

mango  |  airlines


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote