New South African Airline to Fly Even as Crisis Grips Market
- Lift is owned by Johannesburg plane lessor Global Airways
- Oversupply of planes, low oil price cuts startup costs
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
A new airline is preparing to start flights in South Africa next week, entering the industry at a time when carriers near and far are going bankrupt amid the worst crisis in aviation history.