Competition Commission meets with airlines to prevent price gouging
The Competition Commission has urged airlines to be sensitive to the plight of consumers after Comair suspended its flights this week.
The company, which operates Kulula and BA in the country, is working to secure more funding.
The commission says the suspension of operations might significantly reduce capacity in the domestic air travel market.
In March, Comair's flights where grounded for about a week over safety issues.
Some airlines capitilised on the situation and hiked prices.
The commission says it's already met with the leadership of other carriers following the latest grounding to discuss fair competition.
READ: Comair runs out of cash, suspends flights
"The commission sought to prevent any possible price gouging emanating from the supply shock," says spokesperson Siyabulela Makunga.
"The 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 situation.
"All parties further acknowledged the challenges posed by the rising fuel prices which will further put pressure on the cost of air travel. The commission will monitor the situation."
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