African LCC fastjet needs to restructure by February 2020 if it is to continue as a going concern, and the disposal of fastjet Zimbabwe is increasingly an element of the overarching company’s survival plan. “The group will have sufficient resources to meet its operational needs until February 2020,” fastjet CFO Kris Jaganah said in a Nov. 27 trading statement. “However, the headroom of available cash resources is minimal, and the projections are very sensitive to any ...

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