Registered users can save articles to their personal articles list. Login here or sign up here
 Registered users can save articles to their personal articles list. Login here or sign up here

FlySafair gets local passenger licence

After being grounded in October.

The Air Services Licencing Council (ASLC) has granted FlySafair a domestic air service licence, according to a statement released on Wednesday by the carrier.

The company, which has held an international and domestic unscheduled licence for almost 50 years, is now allowed to operate domestic scheduled flights.

On August 23 2013, the Air Services Licensing Council (ASLC) granted Safair Operations permission to start its own domestic low cost operation, FlySafair. An urgent interdict was brought against FlySafair, by competitors Comair and Skywise, and granted in October 2013, by the North Gauteng High Court in Pretoria. According to FlySafair this was because it did not meeting the 75% domestic ownership requirements.

The order prohibited the carrier from starting its operation until the ASLC’s decision to grant Safair the scheduled licence had been reviewed by the court.

“Since then FlySafair has restructured their shareholding, getting rid of the shareholding which caused the problems and at the same time concluding the largest employee share ownership scheme in the aviation industry, effectively giving its South African employees a 25.14% stake in the company.

“We are eager to provide South Africans with an alternate low cost airline that is dedicated to offering competitive and sustainable fares between Johannesburg and Cape Town,” says Dave Andrew, CEO of Safair.

“Having now received our new schedule passenger licence, we are currently evaluating our options for the re-launch of FlySafair. Dates for the launch flight and ticket sales will be announced in due course.”

The carrier initially aimed to offer up to ten daily flights between Johannesburg and Cape Town.

More stories from Moneyweb
Igor Rodionov

Igor Rodionov

Advicement Investment Services
Moneyweb Click an Advisor
   No comments so far

Comments on this article are closed.

Latest Currencies

ZAR / Euro


Hang Seng
Dow Jones (close only)
S&P 500 (close only)
Gold / oz
Platinum / oz


Subscribe to our mailing list

* indicates required
Moneyweb newsletters


Moneyweb Investor Issue 26

Yes, recession is stifling the economy and dirty politics darkens our discourse, but that is today. There are those who are planning for a better, brighter tomorrow. We talk to Chris van der Merwe, founder of Curro, about how he plans to transform tertiary education for the greater good with his new company, Stadio.

Follow us:

Search Articles:Advanced Search
Click a Company: