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HomeFree StateAviation services company seeks additional funding for expansion

Aviation services company seeks additional funding for expansion

The company is operational (transporting cargo) and is looking to expand into passenger transportation.

Company name and background:

Flyfofa Airways (Pty) Ltd is an aviation company that is 100% black woman-owned and has all the required licences and air operating certificates. The company is operational (transporting cargo) and is looking to expand into the passenger transportation market.

  • Country of origin: RSA
  • Provincial location: Bloemfontein, Free State Province
  • Economic sector: Aviation

Project description:

Domestic schedule passenger and cargo airline. Flights operated from Bram Fischer Airport to OR Tambo International Airport, King Shaka International Airport and Cape Town International Airport, and become a feeder to other international airlines that want to fly to and from Bram Fischer Airport.

Investment value:
  • R 1.6-billion
Sources of funding: 
  • Aircraft manufacturer and available funding houses.
Funding gap: 
  • R 400-million
Empowerment: 
  • Women, youth and people with disability.

Number of jobs to be created (direct and indirect): 200

Project schedule: 
  • Project expected to start March 2020.
Project status:
  • Pre-Implementation
Regulatory requirements:

The company has all the required licences and air operating certificates.

Partnerships: 
  • SAA
  • ACSA

Interested parties are asked to contact the Project Manager:

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