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.
Hein Kaiser

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.

هذه القصة مأخوذة من طبعة November 02, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 02, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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