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Fastjet Issues Another Profit Warning For 2016
March 07, 2016
Fastjet has issued its second profit warning in three months and said it may need to raise further funds this year. This corroborates concerns voiced last week by the airline’s co-founder, Stelios Haji-Ioannou, that the company will run out of cash this year (Aviation Daily, March 2). The troubled...
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