Fastjet Reportedly Selling Stake In Tanzanian Subsidiary

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

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

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