THE Air Services Licencing Council
has granted FlySafair a domestic air
service licence for the operation of
domestic scheduled flights.
The airline was initially blocked
from starting its operations after
two competitors brought an urgent
application to interdict the new
low-cost airline from starting its
operations, based on its not meeting
the 75% domestic ownership
requirements.
“Since then FlySafair has
restructured its shareholding, getting
rid of the shareholding that caused
the problems and at the same time
concluding the largest employee share
ownership scheme in the aviation
industry, effectively giving its South
African employees a 25,14% stake in
the company,” said Dave Andrew, ceo
of Safair.
“Having now received our new
schedule passenger licence, we are
currently evaluating our options for the
re-launch of FlySafair. Dates for the
launch flight and ticket sales will be
announced in due course,” he said.
New domestic carrier gets the nod
Comments | 0