FlySafair’s Flight Licence at Risk Amid Ownership Dispute
South African low-cost airline FlySafair faces a significant legal battle as competitors Lift and Airlink have raised objections about its ownership laws structure, which could impact its future operations. The core of the dispute revolves around FlySafair’s compliance with South Africa’s stringent regulations on foreign ownership laws for domestic airlines. These rules cap foreign ownership at 25%, but Ireland-based ASL Aviation…