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COMMERCIAL AIR SERVICES TO ST HELENA

Press Release   •   Jun 09, 2017 11:59 GMT

PREFERRED BIDDER ANNOUNCED

SHG is pleased to announce that SA Airlinkhas been chosenas the preferred bidder for the provision of a scheduled commercial air service to St Helena.

SA Airlinkis a privately owned airline registered in South Africa. It is a franchisee to South African Airways. SA Airlink is a member of the International Air Transport Association (“IATA”) and as such is IATA Operational Safety Audit (“IOSA”) accredited. SA Airlink is a well-established airline operating on a scheduled network with domestic and regional passenger and cargo services.

SHG will now enter into a period of contractual negotiations with SA Airlink. It is anticipated that a formal announcement will be made in the coming weeks on completion of negotiations and contract signing. It is at this point SHG will be able to confirm details such as the commencement date, frequency, aircraft type, the international hub and connecting airports.

Details on the cost of fares and sales distribution will be released shortly after contract signing.

The public are asked to be patient during this period of negotiation after which all of the details outlined above will be publicised.

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SHG

June 2017

In November 2011, St Helena Government signed a Design, Build and Operate (DBO) contract with Basil Read (Pty) Ltd. The contract included £201.5 million for the design and construction of the airport, an additional amount - of up to - £10 million on shared risk contingency and £35.1 million for ten years of operation.

The project aims to provide air services to St Helena, fulfilling the UK Government’s commitment to maintaining access to the Island, and provide it with a real opportunity for economic growth through tourism.

Both the St Helena Government and the UK Government hope that this will lead to eventual financial self-sustainability for St Helena.

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