Fly Safair's Future in Jeopardy: Ownership Dispute Could Lead to Sanctions

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Fly Safair's Future in Jeopardy: Ownership Dispute Could Lead to Sanctions
AviationFly SafairSanctions
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Fly Safair faces potential sanctions from the International Air Services Licensing Council due to concerns about its ownership and effective control structure. The airline may be grounded if it fails to comply with local ownership requirements, which mandate 75% control by South African individuals. Fly Safair argues that the interpretation of these regulations is outdated and unfairly targets trust and company ownership structures common in the aviation industry. The dispute has echoes of a similar challenge faced by Comair in 2013, raising questions about the consistency and clarity of regulatory oversight in the South African aviation sector.

The International Air Services Licensing Council will meet on Monday to decide on possible punitive sanctions against Fly Safair .Budget airline Fly Safair ’s future may hang by a thread as the carrier awaits sanction from the Domestic Air Services Licensing Council.

Local control or voting rights of 75% of any South African airline is required by this. The Domestic Council granulated this to natural persons this week. In 2014, Fly Safair returned the favour and challenged Comair’s shareholding when the regulator attempted to suspend its licence. Comair warded off the threat and succeeded in overturning the suspension of its license in court at the time.

Qatar Airways recently purchased the allowable 25% of equity and, ergo limited influence, of Airlink. Gordon instead said that legal precedent set in the 2014 Comair ruling clarified that councils should not “look through” layers of ownership.” In other words, he suggested analysis must be at face value.

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