How To Start An Airline Company In South Africa
What is an Airline?
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight
How To Start An Airline Company In South Africa
Airlines is a high cash-burn business.
You spend Rs 2.5 lakh an hour to fly an Airbus A320. To fly it for 10 hours a day, you need Rs 8 crore.
If you have six aircraft, airlines need to bring in six aircraft within a year of starting operations, you will burn Rs 90 lakh a day or Rs 27 crore in a month.
Frequently Asked Questions (FAQs)
How much money do you need to start an airline company in South Africa?
How about starting your own airline? All you need is Rs 10 crore (€1,833,840, US$2,168,257) in paid-up capital to start a regional airline with an aircraft of less than 80 seats.
Can I start my own airline in South Africa?
Setting up and running an airline is no easy task. Even harder is to set up and run a profitable airline. Only those with business acumen, industry knowledge, and long-term vision will stand a chance of surviving in this incredibly competitive environment.
How do airlines make money?
Airlines receive nearly 60% of their revenue from passengers directly (the other 40% comes from selling frequent-flier miles to credit card companies and other travel partners like hotels and car rental agencies). That revenue includes the cost of airfare, fees, and other travel expenses the airlines charge.
Do airlines lease or buy planes?
Most airlines usually don’t have, or would rather not spend, this much money on just one order. So instead, airlines opt to lease their aircraft from an aircraft lessor. In essence, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period
Is owning an airline profitable in South Africa?
Airlines, through the years, have earned a net profit between one and two percent, compared to an average of above five percent for U.S. industry as a whole.
Does Nsfas fund pilot training?
“We have established a funding model similar to the National Student Financial Aid Scheme (NSFAS), where students can study now and pay later. This would help them to become pilots, instructors, or join mechanics, at a later stage.
How much does pilot earn per month?
A person working as an Airline Pilot in South Africa typically earns around 57,700 ZAR per month. Salaries range from 28,300 ZAR (lowest) to 90,000 ZAR (highest). This is the average monthly salary including housing, transport, and other benefits.
Do you need matric to become a pilot?
The short answer is no, you do not need a Matric Certificate to learn to fly, even as a Career, but you may encounter some situations where it is necessary. The level of mathematics you need to understand is algebra and trigonometry.
How do I get a student pilot license in South Africa?
You must be at least 16 years old, and there is no upper age limit. You must complete a formal medical examination with An Aviation medical examiner to obtain (Class I or II). You will need two passport size photographs. Copy of your I.D or Passport with Visa (International student).
Is pilot study hard?
The Commercial Pilot License Training course is tough and it requires some preliminary skills that an aspiring pilot should possess. Throughout the entire course, these skills are nurtured and sharpened which finally helps you to be a great Airline Pilot.