South Africa's Competition Commission has granted unconditional approval for Harith General Partners to acquire a controlling stake in FlySafair, the country's largest low-cost airline. The decision removes the final regulatory hurdle for the private equity firm's expansion into the aviation sector.

The transaction, valued at an estimated R2.5 billion, will see Harith obtain a majority shareholding in the carrier that operates a fleet of Boeing 737-800 aircraft across domestic routes. FlySafair has grown rapidly since its 2014 launch, capturing significant market share from legacy carriers through its no-frills model.

Harith, which manages infrastructure-focused funds across Africa, views the acquisition as a strategic entry into transportation logistics. The firm's existing portfolio includes investments in renewable energy, toll roads, and digital infrastructure. Analysts suggest the deal could accelerate fleet modernization and route expansion for FlySafair amid rising domestic travel demand.

The approval comes without conditions, signaling the regulator's comfort with the competitive landscape where FlySafair competes with Airlink, CemAir, and state-owned South African Airways.