Liquidated airline, Nationwide, is claiming R155 million in damages from South African Airways, according to a report by Business Day.
Nationwide, which was placed under final liquidation in 2008, alleges SAA abused its dominant position by inducing travel agents not to sell domestic air tickets for the national carrier’s competitors
This is its second damages claim after SAA was found guilty of anticompetitive conduct by the Competition Tribunal.
The report quoted Lucinda Verster, a partner at legal firm Bowman Gilfillan, representing Nationwide, as saying the airlines had settled for an undisclosed amount outside court in the first case, covering the period from 1999 to 2001.
In the current case, she said Nationwide had suffered damages of R118.4 million, but could claim interest for the damages incurred at a rate of 15.5% a year. This amounted to R155 million. Interest would accrue until the final payment.
Last month, SAA agreed to pay an R18,8 million penalty after admitting guilt for fixing prices on flights between Johannesburg and Hong Kong.
Comair is also seeking damages against SAA in two separate claims before the High Court.
SAA was not available for comment.
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