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Skywise: We're positive about refinancing measures

The airline says four foreign companies and two local investors are interested in a partnership.

Picture: Skywise Facebook page.

CAPE TOWN - Low cost airline Skywise says its positive its refinancing measures will help it provide reliable services to customers.

The company is in talks to sell of a stake of the airline to overcome financial constraints that have seen it grounded several times since it opened for business last year.

Skywise says four foreign companies and two local investors are interested in a partnership, and the company is willing to sell 50 percent to local investors.

Co-chairperson Javed Malik says there is still a high demand for the airline's services.

"Ticket prices have gone very high and we are receiving calls and emails, on social media, where they are requesting us to come back in the skies and they will support us fully."

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