Register now for the What The Fiscal 2026 U.S. Defense Budget Holds webinar on July 10th at 11am ET to hear about the winners, losers, and industry implications of the Trump Administration's newly released defense budget request. Learn more here and register - space is limited

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.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.

 

 

Paris Air Show 2025

Aviation Week's award-winning editorial team will deliver comprehensive coverage of the Paris Air Show 2025, including extensive news, insight, and analysis, continuing our tradition of authoritative aerospace journalism at the world's largest and most influential aerospace industry event.