Merger planned between independent airlines SA Airlink and Safair
They intend filin an application at the Competition Commission for approval to merge under the umbrella of the Airlink group of companies
Independent airline companies SA Airlink and Safair are planning a merger in which Airlink will acquire Safair. The companies said in a joint statement on Monday that they will file an application at the Competition Commission for approval to merge under the umbrella of the Airlink group of companies. Safair operates a passenger and cargo service, and has a large share of the humanitarian-relief market in Africa. It has provided specialised aviation services since its inception in 1965. In 2013, it launched the regional low-cost carrier FlySafair in competition with, among others, the 100% SAA-owned Mango Airlines. Airlink is the largest independent regional airline in southern Africa and operates a feeder network linking smaller towns and regional centres in SA in a strategic alliance with SAA. It transports about 1.4-million passengers a year. The Sishen Iron Ore Company Community Development Trust owns about 32.5% following an empowerment deal made in 2012. Its other shareholders...
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