FlySafair found in breach of foreign ownership rules

FlySafair, one of South Africa’s largest airlines, is in trouble over an alleged breach of the country’s foreign ownership rules. 

In response to a complaint filed in 2022 by competitor airlines Airlink and Lift, South Africa’s International Air Services Council (IASC) has determined that FlySafair is majority-owned by Ireland-based aviation and logistics group ASL Holdings. 

According to the findings of these investigations, the Irish firm controls 74.86% of…