Fastjet more than doubles full-year net loss for 2016
Credit: Rob Finlayson
African low-cost carrier fastjet reported a net loss of $48 million for the year ended Dec. 31, 2016, more than doubling the $21.9 million loss in the year-ago period. Fastjet has air operator’s certificates in two countries—Tanzania and Zimbabwe—which are facing tough economic conditions and...
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.
Related Content
