FlySafair granted licence

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Safair has announced that the South African Air Services Licencing Council (ASLC) has granted FlySafair a domestic air service licence for the operation of domestic scheduled flights between Johannesburg and Cape Town. This is in addition to the international and domestic unscheduled licence that it held for almost 50 years, providing aviation services both domestically and locally.

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 it not meeting the 75% domestic ownership requirements (see story here).

Since then, FlySafair has restructured its shareholding and concluded a large employee share ownership scheme, effectively giving its South African employees a 25.14% stake in the company.