Guy Leitch says FlySafair’s battle with Lift and Airlink likely won’t result in its shutdown before the Christmas season.
While local low-cost airline FlySafair faces legal challenges from players like Lift and Airlink over its foreign ownership, the editor at SA Flyer Magazine, Guy Leitch, doesn’t believe it will be forced to shut down anytime soon., he added that the domestic carrier could be issued with a final warning to rectify its shareholding.
This came after the Air Service Licencing Council ruled that FlySafair’s ownership structure doesn’t comply with local regulations. However, according to Leitch, there is an argument that such strict regulations aren’t required. “I don’t think they’ll shut it down just before Christmas. I suspect it will be issued with absolutely final notice to rectify the shareholding,” he said.
Gordon explained that any airline in the country can have a 25% foreign investor, as with FlySafair, adding that the company’s foreign investor doesn’t give it any competitive advantage.Gordon highlighted similar challenges from Comair and Skywise when FlySafair applied for its operating licence. The competitors argued that ASL Aviation Holdings didn’t comply with local ownership laws.
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