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FlySafair falls foul of licensing body and pilots' union
The Citizen
|November 02, 2024
Budget airline FlySafair has faced off with both the Air Licensing Council and its own pilot body in the same week.
While the council ruled against the airline about its controversial foreign ownership, trade union Solidarity has threatened strike action by the carrier's pilot body.
In a drawn-out hearing and deliberation process, the Air Licensing Council ruled late yesterday that the airline's foreign ownership structure conflicts with current regulations. As it stands, foreign ownership of a domestically registered airline is limited to 25%.
In a submission to the council in May this year, its competitor, Lift, suggested that FlySafair's majority ownership lies in Ireland with shareholder ASL Aviation Holdings holding a vast majority of the issued equity in the company.
This story is from the November 02, 2024 edition of The Citizen.
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