Report: fastjet selling stake in Tanzanian subsidiary

Fastjet, which has warned it might not survive without equity fundraising, is in the process of selling off the company’s stake in the African LCC’s loss-producing Tanzanian subsidiary, according to local media reports. In a Nov. 9 London Stock Exchange funding update, the airline said operations...
Alan Dron

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

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