• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

SAA gets exemption on Star Alliance

Jul 21 2011 11:59 James-Brent Styan

Related Articles

SAA rebrands for Mandela Day

SAA flights back to normal

Flights still delayed due to ash

Flights back to normal: SAA

Ash cloud grounds SAA flights

SAA best airline in Africa

 
Johannesburg - The Competition Commission on Thursday granted South African Airways (SAA) an exemption to retain its membership of global airline grouping the Star Alliance.

The commission had investigated whether SAA's membership of the airline grouping was anticompetitive.

It concluded that the carrier's membership of the Star Alliance constitutes a "prohibited" practice. However, after analysing the facts it was satisfied that an exemption in this case is necessary for SAA "to ensure the maintenance or promotion of South African exports".

It has given SAA a conditional exemption for 55 months, ending December 31 2015.

The Star Alliance, which was started in 1997, consists of 29 of the world's top airlines including Lufthansa, SAA, Turkish Airlines and Thai Airways.

The three largest air passenger alliances are the Star Alliance, oneworld and SkyTeam.

SAA has been given exemption to participate in several products offering passengers special fares.

As part of conditions, SAA must submit an annual report on the revenue it generates by taking part in Star Alliance products.
saa  |  airline industry  |  sa economy
NEXT ON FIN24X

 
 
 

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
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Fewer high-risk election areas - Mthethwa

There are fewer high-risk election areas this year compared to past elections, Police Minister Nathi Mthethwa has said while visiting Manenberg in Cape Town.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

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