The Competition Commission of South Africa has announced that it has recommended to the Competition Tribunal that the latter approve the acquisition of Safair Holdings by Harith Aviation, with conditions. Safair Holdings, which controls Safair Operations, is currently owned, ultimately, by ASL Aviation Holdings. In turn, Safair Operations owns and operats low-cost airline FlySafair, which operates scheduled passenger services both domestically and regionally, and carries cargo in the belly holds of its airliners.

Competition Commission recommends conditional approval for asset manager’s acquisition of SA’s largest passenger airline, with concerns about stake in airport

South African billionaire Tshepo Mahloele is a step closer to adding the countrys largest domestic airline to his infrastructure investment empire after the Competition Commission…