S. Africa Regulator Seeks to Prevent Airline ‘Price Gouging’

South Africa’s Competition Commission met separately with leadership of major airlines Lyft, FlySafair, Airlink and the South African Airways following suspension of flights by Comair.

• Suspension of Comair flights will “significantly reduce capacity in the domestic air travel and reduce competition,” regulator says in emailed statement
• “The Commission sought to prevent any possible price gouging emanating from the supply shock,” it said
• Commission was “encouraged by the positive response of all the airlines in this respect as they acknowledged the need to bring in more capacity in the market and committed not to change their pricing methodologies to exploit the ...