2019 saw South Africa Airways (SAA) continue to struggle to meet its financial commitments to its debtors. This continues to put pressure on the government of South Africa, which is partially funding the national flag carrier through subsidies, with the airline having continuously requested bail outs.
Low costs carriers remained the fastest growing category in airlines in 2019 and this is set to remain the predominant sales trend in airlines throughout the forecast period. Low cost carriers continue to outperform other airlines categories in term of passenger numbers and revenue growth as the no-frills, budget-oriented approach of low cost carriers appeals to the many price-sensitive consumers among South Africa’s population.
During 2019, Cape Town international Airport finalised its new partnership agreement with Newark Liberty International airport in New Jersey, which serves New York City. This involved the launch of the first direct flights between Cape Town and New York, to be operated by United Airlines.
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Discover the latest market trends and uncover sources of future market growth for the Airlines industry in South Africa with research from Euromonitor's team of in-country analysts.
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