Investment Holding Compay focused on African Infrastructure, Harith says it has “entered into a Sale and Purchase Agreement to acquire FlySafair, one of South Africa’s most successful and fastest-growing airlines.” According to the company, “the transaction remains subject to customary regulatory approvals, including approval by the Competition Commission.”
According to the South African airline, FlySafair, for its customers, employees and partners, it is business as usual. The airline confirms that it “will continue to operate under its existing brand, leadership and strategy, delivering the same affordable fares, reliable operations and strong on-time performance that customers have come to expect.
FlySafair says “the proposed transaction reflects confidence in a business built on operational discipline, a committed workforce and a clear strategic focus, positioning FlySafair for long-term sustainability.”
According to FlySafair, “a regulatory process relating to its structure, following findings issued by the Air Services Licensing Council in early 2025, remains ongoing. The proposed transaction was not initiated in response to those findings, which are subject to an ongoing legal review. Transactions of this scale and complexity are typically developed over an extended period and have been under discussion for some time.”
The airline says: “while the transaction would result in the airline being owned by South African investors, it does not automatically resolve the matters under consideration by the licensing authorities, who will assess the proposed structure in accordance with their statutory mandates. The transacting parties respect the independence of those institutions and will continue to engage fully and transparently as required.”
Harith says: “As with all transactions of this nature, the acquisition is subject to regulatory approvals, and the parties continue to engage constructively with the relevant authorities, including the Competition Commission and relevant aviation authorities as part of the normal oversight applicable to licensed airlines.”
Consistent with its value-focused, long-term investment approach, Harith says “the intention is to support FlySafair as a disciplined and successful business, maintaining continuity under its existing leadership and further bolstering Harith’s strategy to secure an integrated transport network.”