South Africa’s biggest airline could be grounded – FlySafair responds

6 days ago · To reassure customers and mitigate any potential service disruptions, FlySafair noted it is actively engaging with relevant authorities and has prepared contingency measures …

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FlySafair’s Non-compliance: What Does It Mean For Passengers?

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Nov 8, 2024 · FlySafair’s non-compliance is mainly due to its violation of this law, as Ireland-based ASL Aviation Holdings primarily controls it. ASL’s total ownership is 74,86%, which …

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FAQs about South Africa’s biggest airline could be grounded – FlySafair responds Coupon?

Does FlySafair have a looming strike?

The International Air Services Council (IASC) has raised concerns over FlySafair’s ownership structure, which appears to contravene South African laws limiting foreign ownership of local airlines to 25%. In addition, a looming strike by FlySafair’s workforce could further impact its operational stability. ...

Why is FlySafair in trouble?

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

Does FlySafair comply with South African law?

The International Air Services Council (IASC) recently ruled that FlySafair’s ownership arrangement does not comply with South African law, putting the airline at risk of sanctions that could impact its operational capabilities. ...

What happens if FlySafair is restructured?

FlySafair’s restructuring in 2019 did not include a change to its air service license, adding to regulatory scrutiny. The IASC may soon impose sanctions, which could range from fines to suspending the airline’s license, if FlySafair does not address this ownership structure. ...

Does FlySafair comply with regulatory standards?

In response, FlySafair told BusinessTech that it was committed to adhering to regulatory standards and complying fully with the law. The airline emphasised its dedication to transparency, noting that it has consistently cooperated with regulators to ensure its shareholding and control mechanisms are well-documented. ...

Is FlySafair preparing for a strike?

The airline said that it is “business as usual” while it addresses the IASC’s concerns, affirming its values of safety, transparency, and accountability as it works toward a resolution. In another challenge for FlySafair, a potential strike looms as trade union Solidarity has announced its intent to seek a strike certificate, reported the Citizen. ...