Question

Explain how passengers have benefited from competition in the airline industry in south African

Answer 1

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In South Africa, deregulation has had wide-reaching effects on the domestic market.The study showed that deregulation has benefited passengers by including a wider variety of airlines to choose from and more frequencies throughout the day, making connecting flights to hubs more accessible

Answer 2

Answer:

The passenger has benefited from decreased fares as a result of competition. Due to competition, airlines have faced significant losses

Explanation:

Deregulation is the act or process of removing regulations and limits from a certain industry, as well as the reduction or removal of centralised power in that business, usually to increase competition.

Deregulation in the aviation business refers to the elimination of economic rules such as entrance and exit controls, tariff regulation, route protection, and tighter control over quality criteria such as safety.

The passenger has benefited from decreased fares as a result of competition. Due to competition, airlines have faced significant losses.

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