Thursday, February 21, 2013

SA Express Concerned Over Fuel Hike

 According to EWN, SA Express chief executive Inati Ntshanga said that the airline was struggling due to the rising cost of fuel. The price of petrol in South Africa went up by 41 cents a litre, while diesel rose by almost 18 cents. The airline admitted that it was facing tough times financially and said that its goal for the year is to work closer with its ‘brother’ South African Airways, and to remain sustainable. Ntshanga said that while the airline was staying afloat and providing a good service, business was not necessarily booming. “It’s borderline,” he said. “We have to watch every penny we make in the business and we have to tighten our belts.” Despite the demise of 1time Airlines and Velvet Sky, Ntshanga said that he was not concerned that the airline may have to close up shop. “If the prices of fuel continue to rise we’ll all be afraid,” he said. He added that if that were to happen, SA Express may be forced to offer fewer flights.

No comments:

Post a Comment