(Reuters) - African budget airline Fastjet Plc (FJET.L) said it would raise up to 19.2 million pounds through a share issue. The carrier said it would issue the shares at 50 pence each, a premium of ...
(Reuters) - Fastjet Plc (FJET.L) said it would seek more funds sooner than expected to restructure itself, prompting its Chairman Colin Child to resign after the African budget carrier's months-long ...
African operator Fastjet Group is planning to delist from the stock market and register as a private company, as a condition of securing further support from key shareholder Solenta Aviation Holdings.
African low cost airline FastJet has expanded its aircraft fleet, signed a maintenance contract with a leading aircraft maintenance company and further strengthened its management team ahead of the ...
Fastjet Zimbabwe has increased flight frequencies from Bulawayo’s JM Nkomo International Airport to Johannesburg’s OR Tambo International Airport. fastjet will commence daily flights between Harare ...
As we gear up for the opening of Routes Africa in The Seychelles this weekend more details have been released about the new low-cost carrier that is attempting to revolutionise air services in the ...
The legal dispute between Fastjet and Five Forty Aviation, the parent of its Fly540 brand, has spread to all three operating bases included in the licensing agreement between the two parties, with ...
Sometimes travel companies, including airlines, have to make hard choices, and FastJet sees longer-haul flights across Africa as its first priority. The plan is to get to domestic South Africa flights ...
South Africa-based ACMI/charter specialist, Solenta Aviation Group, has increased its stake in fastjet plc ahead of the low-cost airline's push into the South African and Mozambican markets, reports ...
Africa is full of near-bankrupt and poorly managed state airlines, making acquisitions a quick and cost efficient way for upstarts like FastJet to build its fleet and expand routes early on. As ...
Shares in Fastjet plunged 43% on Wednesday after the company issued yet another warning about cash shortages and its potential inability to keep flying. The six-year-old, London AIM-listed airline ...