South African Airline Set for New Ownership Under Investment Firm

FlySafair, South Africa’s largest airline, is set to be acquired by investment holding company Harith in a planned takeover. The airline has reassured passengers and staff that it will continue to operate under its existing brand, leadership, and strategy. Harith has expressed confidence in FlySafair’s proven operating model and long-term growth prospects, and aims to support the airline’s existing strategy for growth. The deal is subject to regulatory approvals, including those from the Competition Commission and relevant aviation authorities. The acquisition was announced by both FlySafair and Harith, as reported by AeroTime.