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South African Airways deserves damages loss, ex-Nationwide chief says

( August 12, 2016, 10:49 GMT | Insight) -- After the South Gauteng High Court this week ordered South African Airways to pay 104 million rand ($7.8 million) in damages to former competitor Nationwide Airlines, its former chief Vernon Bricknell has said the ruling serves the dominant airline right, ...After the South Gauteng High Court this week ordered South African Airways to pay 104 million rand ($7.8 million) in damages to former competitor Nationwide Airlines, its former chief Vernon Bricknell has said the ruling serves the dominant airline right, Fin24 reports. Nationwide was liquidated when it couldn’t compete with South African’s anticompetitive commission scheme for travel agents. Bricknell has vowed to force the market leader into liquidation itself if it fails to pay the damages. South African Airways, which is currently on the brink of bankruptcy, has received substantial government funding....

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