Smart Money – LIFT co-founder Gidon Novick on the fascinating story of Comair

In this episode of Daily Investor’s Smart Money, Gidon Novick talks with Alishia Seckam about why he believes Comair was forced to close down.

Gidon Novick is one of South Africa’s most successful entrepreneurs and has had a role in the success of many of the country’s top brands.

His focus is on building large-scale, innovative, and high-impact businesses based in South Africa.

Most recently, Novick co-founded LIFT airline. He previously worked at Comair Group for 13 years and has served as the CEO of Discovery Vitality, too.

Novick also manages three investment funds under Lucid Ventures, and is the Chairman of SA Harvest – a group that focuses on food security in South Africa.

Novick has a BCom CA from the University of Witwatersrand and a Masters in Business Administration from the Kellogg School of Management, Northwestern University, Illinois.

Smart Money with Gidon Novick

In this episode of Smart Money, Gidon Novick discusses what attracted him to the aviation sector.

He talks about the founding of Kulula.com, as well as why he believes it was initially so successful.

Novick then outlines the situational factors that led to the closing of Comair and explains what he thinks the company could have done to prevent this.

He concludes by detailing what he has learnt from his many years in the aviation industry and what those who enter this field should keep in mind.

You can watch the full interview with Gidon Novick below and on Spotify and Google Podcasts.