Commission backs SAA deal, but Lift owner must exit
The Competition Commission has given the go ahead for the merger between State-owned South African Airways (SAA) and newly incorporated Takatso Aviation, but said Global Aviation Operations – the owner and operator of domestic passenger airline Lift – must completely exit the consortium before the deal’s implementation.
Syranix, which is the owner of the Lift trademark, would also have to leave Takatso, the Competition Commission said on Friday.