FlySafair has been given 12 months to comply with the domestic regulator’s ruling on its ownership structure, alleviating concerns that the low-cost carrier might be forced to ground its operations until the issue was resolved.
South Africa’s National Department of Transport confirmed on 5 February that the country’s Air Services Licensing Council (ASLC) had made the ruling in January, after establishing in December last year that FlySafair does not meet the requirement for 75% of its voting rights to be held by South African citizens who are resident in the country.
