FLY 540 BUYS RIVAL AFRICAN SAFARI AIR EXPRESS

Dino D'Amore
By Dino D'Amore December 21, 2010 10:30

FLY 540 BUYS RIVAL AFRICAN SAFARI AIR EXPRESS

Low cost carrier Fly540 has bought rival airline East African Safari Air Express. The airline, which grounded its operations a month ago, said the two airlines had reached an agreement to partnership not a buyout.

“What we did last week was to sign an agreement that will see us work together going forward. It is a way for both of us to beat growing competition in the market,” said George Kivindyo, director of East African Air Safaris Express.

He said the airlines would operate along the lines of a codeshare.

Dino D'Amore
By Dino D'Amore December 21, 2010 10:30
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