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Am certainly looking forward to happier days here, let's hope it come sooner rather than later. Fingers crossed
This has got to be one of the most informative and helpful boards on this site. people helping each other to make balanced informed decisions... Happy Clappers ??? more like happy days : }
Exactly Magical, he just love posting on this board and his main Aim is to 'warn Newbies' so they don't lose their money here.
He is not a Happy Clapper but he is do gooder! Lol
Break free how many shares you got in company? If you have none then why does it matter if company goes bust or not it’s up to the investor to do there own research before investing.
Praise the lord and hope we will be clapping all the way to the bank when the Share Price recover here. Come FJET get those plane off the ground!!
Also I hope Breakfree will see the light and will be set free from all the burden he is carrying for FJET.... I will be praying for him today in my happy Clapper church. Amen :-):-)
I wonder who flys there ? https://news.pindula.co.zw/2020/07/05/victoria-falls-to-open-to-local-tourists-this-week/.
See the happy clappers are back out trying to save their investment from total collapse Those articles speak bounds for this situation. Age has nothing to do with it. I think people need to realise what they are dealing with. The happy clapper gang just clutching at straws. Don’t invest in this unless you are happy to lose it.. Clappers look at this sensibly I appreciate you have your own motives but this is only going one way, that’s to Solenta.
i see breakfree is going into overdrive to spread doubt...clearly he has an agenda..not to be trusted in the slightest.., just like JT who has now vanished....FJet is priced to go bust imo but the positives outweigh the negatives imo and the government need FJet to survive to help with tourism as lockdown eases in Zimbabwe...it is a waiting game i agree but the rewards are massive here imo so i'll wait it out and ignore the noise from the derampers
But that article is over 6 years old ??
.....OneTime.....the name of another airline Down South.....if you know the area....and I mean well....plenty money circulating on the black market...and I mean plenty ....R 32 000 000 000 disappeared from 2019 's coffers in SA....vanished.....all the folk linked to this opperate internationally and extensively in Sub Saharah.....how do they and their extended associates, mates and family members travel within the area....not forgetting the straight business folk.....a massive opportunity exists to keep this baby afloat for now on the cheap for decent gains down the road....time to load up or more patience....remember this baby can seriously shunt before you wipe all the free s..t from your eyes.
Omg so SOLENTA serviced fastjet aircraft at what rates. And then fastjet give solenta a plane to part pay invoices. ?
Read this the accusations are damming and very conflicting....
Happy clapper read this .....
The company’s managing director is Paul Hurst who went to school at St Georges College in Harare and worked for AirZim and other companies before joining Solenta. His brother Mark Hurst is group managing director.
The operation manager is Sharon Gray who also lived in Zimbabwe before moving to South Africa.
Aviation sources say government authorities felt the agreement was a rip-off as it was too expensive for AirZim.
While Solenta was charging the national flag carrier exorbitant fees amounting to over US$200 000 per month, similar aircraft could be leased from elsewhere for as low as US$50 000.
“Solenta Aviation was paid over US$3 million during the subsistence of the contract and is currently owed US$1,1 million by AirZim,” an aviation source said.
“This shows how expensive the contract was.”
The termination of the contract and anticipated re-tendering for new wet leases today has caused serious clashes in government and Zanu PF circles.
Sources close to the deal said on Wednesday Kaukonde and Khaya Moyo had a heated meeting in Harare with Mpofu where the two accused the Transport minister of interfering with the Solenta contract because of political considerations.
Khaya Moyo and Kaukonde belong to the Mujuru faction.
According to AirZim, the decision to enter into an agreement with Solenta was made on the basis that it was more economical to do that than use the much bigger AirZim’s Boeing 737 and 767 which are costly to run.
Sources said Mpofu’s ministry was now investigating the Solenta deal.
“This is a factional fight with a business dimension in which senior Zanu PF officials are at each other’s throats over a deal which went sour,” said the aviation source.
“Kaukonde is involved in the deal on Solenta’s side and Mpofu terminated the contract which was issued under his predecessor, Nicholas Goche, a Mujuru loyalist.”
However, Mpofu told the Independent yesterday the lease had already expired and that its termination had nothing to do with who is currently running the ministry and AirZim. “The tender had expired and in any case it is not the minister who deals with the tendering processes,” Mpofu briefly said, before the line cut.
Think people need to be worried?
Just thinking that’s the most idiotic statement this week Fastjet tell you of imminent failure, if you were solenta would you keep ploughing money into a dead duck. Solenta have everything to gain if it does go bust. M&G have bailed out , course your theory is they don’t want to make a profit. I think you should start printing guarantees for everyone’s investment here These will trickle down then people could take a punt but don’t see why they should support the happy clappers
Absolutely nothing your saying is fact or of any substance ironic chairman of fastjet is ceo of consortium
Happy clapper back.... what element is lies.....
It's obvious this will not go bust, Solenta own 60 percent of the company already and I don't see them offloading like m&g do you.
They buy-out fjet Zimbabwe in their position just like anyone of us in their financial position.
Don't be fooled buy other's here that are bringing doubt on the weak and gullible.
Remember that their in talks with an investor consortium and I wonder who's part of that lol.
Thus company is a multi award winning company and wouldn't be in Solenta's interest for it to go under, as it wouldn't sit well to be acquired that way in passengers eye's or investors eyes for the sake of a 5m mkcap. So let's be realistic here, cut the crap and the bullsh*t as Breakfree is here for his own benefit not yours, remember that when you press the sell button at a loss. No problem as I'm buying up a available stock anyway, I just hope you dyor.
On another note just read this..... Mr Blobby continues to serve up a load of fabricated lies as the self styled leader of the fastjet BB.... Mmmm looking for some self gain, I'm pretty sure it's for their own interest and satisfaction. And still they offer no opinion in the header
On another note just read this....... Mr. Hurst continues to serve as Group CEO of the Solenta Aviation Group. mmmm conflict ? Not sure our interest may be best met there ?
Fastjet own FedAir which taxi tourists. Those planes are charted and leased. When lockdown hit they were all cancelled and most staff made redundant or serious pay cut. That’s the problem with this outfit they just don’t have a pot to pee in. I think they are just to close to solenta to care about us shareholders. ulterior Motives at play here now. It stinks. What I want to know is how the share price managed to rattle up recently. Even the happy clappers couldn’t do that and while M&G were selling as well that’s another stink !
May be a new approach could be leasing in aircraft and crew. Lease in extra during the high tourist season and a reduced amount of flights during the winter. However having worked in South Africa on several occasions, the tourist trade is always there it just varies by amount. With Solenta holding major shares, they will not want to see aircraft being leased from other parties.
No their no longer a big customer the last jet has gone they only now have the two Embraer aircraft which solenta have a charge on. I don’t know about you but it’s a poor doo when they can’t even be accurate when they are going bust.
Think we all forget as well this is South Africa and people don’t manage business the same as the western world. A lot of money can just vanish. Even the government is not offering any bailout money due to covid. I can’t understand what they plan to do if they get the deal through ?? Best parts would go to SOLENTA like the jet in April.
I also believe there's a good possibility that this will merge with flybe in the near future, strength in numbers ; P
Fastjet is claiming to go bust in june then july now august but somehow manages to find funds for another month.
More likely tactics by Fastjet to put pressure on governments to allow flying again and looking for some financial support to the aviation industry.
Fastjet is also a big customer to Solentas maintenance business worth millions annually who would want to loose a big customer like that.