Safair (FA, Johannesburg O.R. Tambo) has announced the conclusion of its full Broad-Based Black Economic Empowerment (BBBEE) transaction, dubbed the NdizaSafair Employee Trust, thereby allowing Safair’s staff to participate in the ownership of the airline. The development comes after the carrier's previous ownership structure resulted in the indefinite postponement of the launch of its LCC brand, FlySafair (FA, Johannesburg O.R. Tambo). According to the airline, "as part of the BBBEE deal, the shares previously held by Hugh Flynn were repurchased, thereby removing any possible concern about foreign shareholding. At the same time Elmar Conradie and Dave Andrew consolidated their shareholding into an investment vehicle, the Safair Investment Trust, and Wimpie Davidson, the airline's Operations Director has also become an investor therein. The result is that Safair now has one class of ordinary shares with no differences in economic or voting rights." NdizaSafair and the Safair Investment Trust hold 25.1% and 49.9% of Safair's shares respectively, while the Irish-based company ASL Aviation Group has a 25% indirect interest in Safair through its shareholding in Safair Holdings.