Skywise Airline considers selling stake of carrier

Four of the six are foreign investors, whilst the other two are from South Africa.

 

The air services licensing act only allows for 25% foreign shareholding, so the offers from foreign carriers are under negotiation.

 

Co-Chairs Tabassum Qadir and J. Malik said: “We are open to let go more than 50% of our share but only to the local investors. The current expressions of interest from the local investors are being analysed.”