Fastjet widens losses in 2014

Credit: By Rob Finlayson
African low-cost carrier (LCC) Fastjet recorded a group loss after tax of $72 million for the year ended Dec. 31, 2014, compared to a restated post-tax loss of $55.2 million for the preceding year. Revenue reached $53.8 million, sharply up against last year’s restated figure of $26.1 million...

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