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By Nkosana Khumalo
Budget airline FlySafair is under scrutiny for non-compliance with South Africa’s foreign ownership regulations, according to the Air Service Licensing Council. Current rules restrict foreign ownership of a domestically registered airline to a maximum of 25%, but FlySafair’s majority ownership reportedly lies with Irish-based ASL Aviation Holdings, placing the airline in potential breach of local ownership laws.
The airline industry’s foreign…
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