FJET.L Share News (FJET)

FastJet's Main Shareholder Reduces Stake Slightly

Fastjet nets 1.25m pound funding

African budget airline Fastjet has bolstered its finances by raising 1.25 million pounds through a deal with part of Henderson Global Investors Volantis Capital. It raised the cash by issuing 20,833,333 1 pence shares to majority-owned Henderson subsidiary Darwin Strategic at 6p per share. Fastjet

Fastjet Loss Widens, But It Remains Confident As Operations Expand

Fastjet half-year losses widen

African low-cost airline Fastjet booked a wider interim loss after start-up losses associated with launching Fastjet Tanzania, but said it is confident in the potential of its long-term strategy. The London-listed group reported an operating loss before exceptionals of US$24.9m, including $13.3m of

Fastjet's New Route Postponed Temporarily

Fastjet Says Not Aware Of Reason For 44% Jump In Shares

Fastjet Announces Higher Tanzanian Passenger Numbers But Declines Elsewhere

August passenger numbers rise at fastjet

Africa budget carrier fastjet saw passenger numbers rise by nearly a third during the month of August as it started ticket sales for its Tanzanian domestic route and its first international route from Dar es Salaam to Johannesburg. Combined, the fastjet and fly540 operations carried a total of 78,5

fastjet signs deal with BidAir

Africa low-cost airline fastjet has signed an agreement with BidAir to carry cargo on its fleet of Airbus 319s. fastjet said it expects the deal with one of Africa's largest cargo operators to provide an additional stream of revenue without compromising its core business. The deal comes after a

Fastjet Signs Cargo Agreement With BidAir

fastjet increases passenger revenue

Africa budget carrier fastjet's passenger revenue in August grew five per cent to 2.7m dollars compared to the previous month. The company said the month-on-month increase was driven by strong performance in passenger volumes with an 84% load factor and a record 33,000 passengers in the month. Anc

FastJet clears last administrative hurdle in plans for Tanzania to South Africa route

FastJet, the African budget airline backed by easyJet founder Stelios Haji-Ioannou, said it had received its foreign operator permit from the South African Department of Transport. The company was granted permission last month to launch international flights from Tanzania to South Africa, Zambia a

London midday: Stocks slip after EU jobs data

The upbeat tone seen from markets in early trading on Friday morning didn't last for long, with the FTSE 100 slipping into the red by midday after some gloomy data from Europe. Strong gains on Wall Street last night prompted a decent start in London this morning on expectations that the Federal Res

London open: FTSE 100 tracks US and Asian markets higher early on

Stocks were registering moderate gains on Friday morning as fears over the Federal Reserve's eventual 'exit strategy' from stimulus were eased overnight. Wall Street benchmarks rose strongly on Thursday on expectations that Fed Chairman Ben Bernanke will attempt to calm markets by pushing back pred

Fastjet to launch first-ever international flights

Africa-focused budget airline Fastjet has won the right to fly its first-ever international routes across the continent. The company, which is backed by easyJet founder Stelios Haji-Ioannou, has been given government permission to begin flying from Tanzania to South Africa, Zambia and Rwanda. This