BUSINESS NEWS - SA’s youngest airline Lift plans to grow its fleet of aircraft by up to three times by the end of 2022, in part to cater for the void left by Comair.
Lift co-founder and CEO Jonathan Ayache tells Moneyweb that although expansion has been on the cards for the airline, Comair’s sudden exit from the market has expedited Lift’s growth plans.
“Our expansion plans have definitely been expedited … We’re looking to increase our fleet two to three times before the end of the year.”
However, he says that in order to avoid the same fate suffered by Comair, any expansion beyond that will be dictated by market demand.
“Traditionally, airlines are very focused on growing their seat capacity and hope that there’s the demand when it isn’t there … We’re very focused on being demand driven as opposed to being supply driven and [wanting] growth at all costs.”
Lift currently operates three Airbus A320 aircraft on its Johannesburg-Cape Town route, with each flight having a capacity of 162 passengers – 150 in economy and 12 premium seats.
This is less than the seat capacity offered by market competitors FlySafair, which operates about 24 Boeing-737 planes that can carry around 189 passengers per flight.
Ayache says Lift is also looking to expand its presence to more local routes, such as Johannesburg-Durban and to the Eastern Cape in future.
No plans to take on Comair leases
Comair, which operated kulula.com flights and domestic British Airways (BA) flights (under a franchise agreement), leased some of its fleet from Global Aviation, Lift Airlines’ parent company.
With cash-strapped Comair having no option but to go into liquidation, the leases on its aircraft are now being shopped to the market.
However, Ayache says Lift is not looking to take up any of Comair’s leases, adding that this decision is based on the “operational difficulties” that such a move would present.
“We operate Airbus aircraft and Comair operates Boeing – it’s quite a different capability. I’m not actually sure if there are any airlines that operate both, [as] there’s quite a bit of inefficiency that you bring in because the pilots and the cabin crew need to be trained on both aircraft types.
