Solidarity gives thumbs up to Safair Holdings, Harith Aviation merger
Competition Commission recommended the Harith Aviation and Safair Holdings merger be approved
The Solidarity trade union has given its approval to Harith Aviation's proposed acquisition of Safair Holdings, South Africa's largest domestic airline. This comes after the Competition Tribunal heard oral arguments on the acquisition, which would give Harith ownership of FlySafair. The Competition Commission had previously recommended that the merger be approved, with certain conditions.
Solidarity's Deputy General Secretary, Helgard Cronjé, expressed support for the merger following assurances from Harith that there would be no retrenchments or merger-related redundancies. Cronjé stated that Harith had initially indicated in the application that the merger-related retrenchment would not include voluntary severance packages.
After further discussions, the trade union confirmed that Harith had clarified that there would be no form of merger-related retrenchment, even including voluntary measures.
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