Airlines warned price gouging will not be tolerated - After Comair suspended its flights, the Competition Commission has said it will look into any signs of price gouging
it had heard reports of large increases in the price of tickets by the remaining airlines, some even quoting R5 000 for a single ticket from Johannesburg to Cape Town.
Makunga said that with the immediate drop in capacity, the commission does expect some of the last seats on flights to go for the higher fare bucket but “not the majority”. Makunga said the meeting with the airlines was also to “create certainty for them as to where the line is [in terms of collusion] and we expect them to follow that given the severe penalties and reputational damage of an adverse finding”.
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