African LCC group fastjet is aiming to finally pursue fleet expansion and launch affiliates in 2015. The group ends 2014 with a fleet of only three A319s - the same number of aircraft it operated at ...

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring ...

FastJet Plc (AIM:FJET), a airlines company based in United Kingdom, received a lot of attention from a substantial price movement on the AIM in the over the last few months, increasing to £0.19 at one ...

African low cost airline FastJet has expanded its aircraft fleet, signed a maintenance contract with a leading aircraft maintenance company and further strengthened its management team ahead of the ...

(Reuters) - African budget airline Fastjet Plc (FJET.L) said it was in talks to secure financing from potential long-term backers including easyGroup Holdings, the private investment vehicle of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A spat between Sir Stelios Haji-Ioannou, the founder of easyJet, and FastJet, the African low cost airline in ...

We’ll send you a myFT Daily Digest email rounding up the latest African companies news every morning. Shares in Fastjet jumped 14 per cent on Thursday after the troubled Africa-focused airline poached ...

African budget carrier Fastjet is warning that it needs more funding by the end of next month or it will face the prospect of ceasing operations. Fastjet says it is discussing a potential equity ...

Harare - Africa-focused budget airline fastjet has secured an airline operator licence in Zimbabwe, with the country’s civil aviation authority giving it the nod for domestic and international flights ...

The legal dispute between Fastjet and Five Forty Aviation, the parent of its Fly540 brand, has spread to all three operating bases included in the licensing agreement between the two parties, with ...

South Africa-based ACMI/charter specialist, Solenta Aviation Group, has increased its stake in fastjet plc ahead of the low-cost airline's push into the South African and Mozambican markets, reports ...

Shares in Fastjet plunged 43% on Wednesday after the company issued yet another warning about cash shortages and its potential inability to keep flying. The six-year-old, London AIM-listed airline ...