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FlySafairs Ownership Structure Questioned by Rivals, South Africans Defend Popular Low-Cost Airline [Video]

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  • Popular airline FlySafair has found itself in legal trouble over its current ownership structure
  • The South African International Air Services Council (IASC) ruled that the airline is non-compliant
  • South Africans have defended the airline, saying that it works well because of the ownership structure
South Africans have come out to defend FlySafair after rival airlines questioned its current ownership structure. Image: Catherine Falls Commercial/ Darren Stewart.Source: Getty Images

South Africans are happy with the job FlySafair is doing and don’t want the company going anywhere.

The low-cost airline is extremely popular among South Africans, but it has become embroiled in a legal dispute.

Questions have been raised over the company’s ownership structure, with rival companies expressing concern.

Why FlySafair is facing legal battles

Rival competitors Lift and Airlink have expressed concerns regarding the company’s ownership.

According to South African law, the limit on foreign ownership of domestic airlines is 25%. Ireland-based ASL Aviation Holdings has a 74,86% stake in the company.

The South African …

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