Two independent airline companies, SA Airlink and Safair, are planning to merge.
According to a statement, the two groups will submit an application to South Africa’s Competition Commission to merge the companies so they can operate under the Airlink name.
It is understood that each company will still offer the same products, aircraft fleets, management and leadership teams.
The companies have promised no job cuts.
“Employees will be secure with no job losses because of the consolidation‚” they said in a joint statement.
Airlink CEO and Managing Director, Rodger Foster explained that the merge would be profitable for both parties.
“Airlink’s acquisition of Safair, which is financially robust and profitable, makes good business sense. It presents opportunities to reduce our combined costs, position ourselves for growth while at the same time increasing connectivity and choice while making air travel accessible and affordable for our customers across Southern Africa,” he said.
“Our combined networks will enable us to connect 37 destinations in nine Southern African & Indian Ocean countries and St. Helena. This will stimulate and enable trade, tourism, economic growth and social development in those markets we serve,” he added.
More details regarding the merge will be made public once it is approved by the Competition Commission.