Fastjet posts deeper losses for 2013

Credit: Courtesy, Fastjet
African low-cost carrier FastJet has reported a full-year net loss of $80.9 million, deepened from a $56 million net loss in the prior 18 months. During the 2013 calendar year, Fastjet’s revenue rose 154% to $53.4 million; however, expenses increased 78% to $132.5 million, producing an operating...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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