SA's domestic aviation licensing authority has reaffirmed that the foreign ownership structure of FlySafair is non-compliant with local laws, the airline confirmed on Tuesday.

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South Africa

News24 Business | 'Catastrophic': Domestic licensing authority confirms FlySafair contravened ownership laws

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24.com

Sekunjalo Investments

Why grounding FlySafair would be 'catastrophic' for South Africans

SA authorities could cancel FlySafair’s aviation licence until its ownership structure is changed to comply with local laws.

Daily Maverick

FlySafair braces for impact after being pilloried by aviation authorities

A ruling against FlySafair, by the Air Services Licensing Council (ASLC), in a case concerning its ownership structure has serious consequences for South Africa’s aviation industry. The ruling jeopardises the operations of other major airlines, potentially causing significant disruptions for travellers. AIRLINE OWNERSHIP REQUIREMENTS The Council has issued a ruling that calls into question the compliance of numerous airlines with the Air Service…

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The South African

Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

FlySafair ownership ruling has dire consequences for SA airlines

FlySafair warns that the possible withdrawal of its license to provide local air services would be "catastrophic" for the industry.

FlySafair waarsku die moontlike onttrekking van sy lisensie om plaaslike lugdienste te verskaf, sal “katastrofies” vir die bedryf wees.

Netwerk24 | Uitspraak oor sy ‘onwettige’ aandeelhouding ‘katastrofies’ – FlySafair

Netwerk24

Netwerk24 | Ruling on his 'illegal' shareholding 'catastrophic' – FlySafair

FlySafair (FA, Johannesburg O.R. Tambo) has urgently called on Barbara Creecy, South Africa's transport minister, to intervene in regulatory proceedings that have found the airline falling foul of the country's foreign ownership restrictions. The airline argues that civil aviation regulators' interpretation of the law is flawed and, if applied, would render nearly every airline in the country non-compliant, potentially resulting in widespread su…

ch-aviation

FlySafair wants minister to intervene in ownership crisis

A recent decision by the Air Services Licensing Council (ASLC) finding FlySafair non-compliant with domestic licensing rules, could jeopardise the operations of other major airlines in South Africa an

theafrica.co.za

Flysafair Drops Compliance Bombshell : The Africa

South African low-cost airline FlySafair could be stripped of some of its most lucrative routes after regulators found that the carrier had violated rules pertaining to foreign ownership thresholds. Authorities in the country insist that 75% of voting rights in any air services licensees (airlines) are owned by South African residents and that the licensee must, in effect, be in control of the airline, its finances, and its operations. The actio…

aerotime.aero

FlySafair faces sanctions over foreign ownership breaches

A recent decision by the Air Services Licensing Council (ASLC) finding FlySafair non-compliant with domestic licensing rules, could jeopardise the operations of other major airlines in South Africa and potentially bring significant disruption for air travel, says FlySafair in a media release issued yesterday afternoon, January 14. “The Council has issued a ruling that calls

News24 Business | 'Catastrophic': Domestic licensing authority confirms FlySafair contravened ownership laws

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