Harith to acquire South African budget airline FlySafair
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Harith to acquire South African budget airline FlySafair

privateequitywire
4 months ago
67 views
Harith General Partners is planning to acquire South African low-cost carrier FlySafair, according to a report by Bloomberg. The transaction is at an advanced stage and remains subject to regulatory approvals, including competition and aviation licensing authorities, according to Chairman Tshepo Mahloele.
The deal will be executed through Harith Aviation and is expected to complete by the fourth quarter.
The acquisition is expected to help address regulatory pressure on FlySafair to comply with...

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