Africa’s Fastjet: We Need More Cash To Keep Operating

Credit: Rob Finlayson
African LCC fastjet said this week it will require a further cash injection from shareholders by the end of October to continue operating. It is also considering pulling out of its Tanzanian operations, following persistent losses, perceived fare-undercutting by rivals and what it described as...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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