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ASL sells interest in FlySafair

17 March 2026

STAR Capital Partnership LLP is pleased to announce that ASL Aviation Group, a STAR III portfolio company and leading global aviation services platform, has signed an agreement alongside all other shareholders to sell its interest in FlySafair, South Africa’s leading low cost airline.

Completion remains subject to customary conditions, including relevant regulatory approvals.

The proposed sale follows a period of strong growth and operational delivery at FlySafair, supported by continued demand for affordable air travel in the region. We believe the transaction positions the business well for its next phase of growth under new ownership.

ASL Aviation Group reflects the Strategic Asset characteristics STAR seeks in its investments: (i) a strong strategic market position, with the largest fleet in the European market; (ii) a business critical service to blue chip customers in a market characterised by long term customer relationships; and (iii) strong structural tailwinds driven by continued ecommerce growth and changing consumer purchasing behaviour.

Contact

STAR Capital Partnership LLP

15th Floor, 33 Cavendish Square
London W1G 0PW
United Kingdom

Tel: +44 (0)20 7016 8500
e-mail: mail@star-capital.com

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