The airline was initially blocked from starting its operations after two competitors brought an urgent application to interdict the new low cost airline from starting its operations based on it not meeting the 75% domestic ownership requirements.
Since then FlySafair has restructured their shareholding, getting rid of the shareholding which caused the problems and at the same time concluding the largest employee share ownership scheme in the aviation industry, effectively giving its South African employees a 25.14% stake in the company.
Despite FlySafair not having been operational since October 2013, the airline retained the services of all the employees who were hired 10 months ago, by utilising them in Safair's traditional business of providing backup services to local airlines and also in international charter operations.
"This demonstrates our commitment not only to job creation, but also sends a clear message that FlySafair is here for the long run. We are eager to provide South Africans with an alternate low cost airline that is dedicated to offering competitive and sustainable fares between Johannesburg and Cape Town. The FlySafair team looks forward to our passengers putting our promise of affordability and exceptional service to the test," says Dave Andrew, CEO of Safair.
"Having now received our new schedule passenger licence, we are currently evaluating our options for the re-launch of FlySafair. Dates for the launch flight and ticket sales will be announced in due course."
