Airline companies, SA Airlink and Safair are planning a merger in which Airlink will acquire Safair and its companies under the umbrella of the Airlink group of companies.
CEO of Airlink, Rodger Foster says the proposed acquisition remains subject to the Competition Commission's approval.
He says an application was submitted on Monday and they will await the outcome over the coming months.
The important thing is that Safair is a sustainable and viable business in its own right. It is a recognisable brand, solid business and it has done exceptionally well in the domestic markets.— Rodger Foster, CEO of Airlink
Separately, Airlink has accomplished much the same. We recognise that the Airlink brand has a place in the market and it's a credible place.— Rodger Foster, CEO of Airlink
The idea is to extract more cost effectivity and efficiency thereby benefiting both entities whilst they remain completely separate.— CEO of Airlink
The airlines will retain their respective products which includes aircraft fleets, management and leadership teams, says Foster. The merger will not affect employees in anyway, all jobs will be secure.
To hear the rest of the interview, listen below:
This article first appeared on CapeTalk : SA Airlink and Safair plan to join forces under Airlink umbrella