• IS provokes sea-change

    It has been a grave mistake to defy both Russia and France, says Leopold Scholtz.

  • Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

All data is delayed
See More

SAA sued for R155m in damages - report

Apr 04 2012 08:13

Johannesburg - Liquidated Nationwide Airlines is claiming R155m in damages from SA Airways for allegedly abusing its dominant position, it was reported on Wednesday.

SAA was served with a summons by Nationwide over the national carrier's alleged abuse of its dominant position by getting travel agents to not sell domestic air tickets for competitors, Business Day reported.

This was Nationwide's second claim for damages after SAA was found guilty of anticompetitive conduct by the Competition Tribunal.

The report quoted Lucinda Verster, a partner at legal firm Bowman Gilfillan, representing Nationwide, as saying the airlines had settled for an undisclosed amount outside court in the first case, covering the period from 1999 to 2001.

In the current case, Verster said Nationwide had suffered damages of R118.4m, but could claim interest for the damages incurred at a rate of 15.5% a year. This amounted to R155m.

SAA had said it would defend the claim, according to the report.

Nationwide was placed under final liquidation in 2008.

saa  |  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

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

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

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote