South Africa’s International Air Services Council (IASC) has ruled that FlySafair does not comply with local regulations regarding foreign ownership. This could potentially jeopardise its operating licence.
The enquiry by the IASC into FlySafair’s shareholding structure dates from October 2022 and emanates from formal complaints by Airlink and Global Aviation (which operates LIFT) received by the IASC in February of that year, Business Day reports.
The IASC has now determined that…
