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Should South African Airways be privatised given the aviation deregulation policy in South Africa?

Bibliography: pages. 63-66.

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Bibliographic Details
Main Author: Gaboilwe, Nathaniel
Other Authors: Black, Philip
Format: Thesis
Language:English
Published: School of Economics 2016
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access_status_str Open Access
author Gaboilwe, Nathaniel
author2 Black, Philip
author_browse Black, Philip
Gaboilwe, Nathaniel
author_facet Black, Philip
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description Bibliography: pages. 63-66.
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institution University of Cape Town (South Africa)
language eng
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2016
publishDateRange 2016
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publisherStr School of Economics
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spelling oai:open.uct.ac.za:11427/16113 Should South African Airways be privatised given the aviation deregulation policy in South Africa? Gaboilwe, Nathaniel Black, Philip Economics Privatisation - South Africa Deregulation - South Africa Bibliography: pages. 63-66. This research consists of a wide literature review on deregulation and privatisation of airline business world wide. The emphasis is on the benefits of airline privatisation. The idea was to attempt to find out whether the deregulation of South African Airways (SAA) indeed brought about the changes that are expected of a commercial concern. These changes included cost cutting strategies and charging economically efficient fares as well as abandoning unprofitable routes. Some personal contact with the SAA Public Relations Officers in Cape Town and Johannesburg was used to gather the data used in the research. The Transnet and the Competition Board annual reports were other major sources of data. The analysis was accomplished by scrutinising the SAA financial statements as to whether SAA followed all the requirements implemented when deregulation was introduced. An econometric test was used to check whether there was any improvement in capacity utilisation at SAA as was expected to happen after deregulation. The findings from this research are that SAA did introduce new measures to try to be profitable and cut costs, such as, reducing the labour force and abandoning unprofitable routes. SAA also stopped cross-subsidisation practise, whereby loss making routes were financed by profitable ones. In general SAA introduced measures that can be expected from a profit maximising firm which is under pressure to tum profits. However, these changes have not yet produced consistent results as far as profit is concerned and is supported by the econometrics test which does not support the expected hypothesis that since SAA is now operated on commercial basis, should be able to tum profits and be efficient. 2016-01-02T04:41:48Z 2016-01-02T04:41:48Z 1998 Master Thesis Masters MA http://hdl.handle.net/11427/16113 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Privatisation - South Africa
Deregulation - South Africa
Gaboilwe, Nathaniel
Should South African Airways be privatised given the aviation deregulation policy in South Africa?
thesis_degree_str Master's
title Should South African Airways be privatised given the aviation deregulation policy in South Africa?
title_full Should South African Airways be privatised given the aviation deregulation policy in South Africa?
title_fullStr Should South African Airways be privatised given the aviation deregulation policy in South Africa?
title_full_unstemmed Should South African Airways be privatised given the aviation deregulation policy in South Africa?
title_short Should South African Airways be privatised given the aviation deregulation policy in South Africa?
title_sort should south african airways be privatised given the aviation deregulation policy in south africa
topic Economics
Privatisation - South Africa
Deregulation - South Africa
url http://hdl.handle.net/11427/16113
work_keys_str_mv AT gaboilwenathaniel shouldsouthafricanairwaysbeprivatisedgiventheaviationderegulationpolicyinsouthafrica