FJET.L Share News (FJET)

FastJet To Raise USD48 Million Via Placing, Solenta Deal (ALLISS)

WINNERS & LOSERS SUMMARY: AstraZeneca Up As Liberum Says Undervalued

Fastjet shares dive after chairman resigns

(ShareCast News) - Africa's low-cost airline Fastjet tanked in early markets after its chairman resigned due to the company requiring further capital. Chairman and Director of the company Colin Child stepped down as he felt it would be inappropriate to stay on after the company decided to initiate a

fastjet Chairman Resigns Amid Further Fundraise, Move To South Africa

Fastjet sells Airbus A319 to Avtrade

(ShareCast News) - Fastjet, an African based low-cost airline, has entered into a binding sale agreement of its solely-owned Airbus A319 with Avtrade. The consideration is to be paid $8m in cash with a 10% deposit payable on signature of the agreement and the balance on delivery. Included in the ag

Wednesday newspaper share tips: Fastjet, Pennon Group

(ShareCast News) - Fastjet has set itself from apart from its peers in Africa looking to leapfrog bottlenecks in the country's infrastructure by various means, the Financial Times said. Whereas many idealistic businesses tended to get mugged by the harsh realities of the Continent, Fastjet's travail

Fastjet's losses widen as it plans to cut costs and relocate

(ShareCast News) - Africa-based budget airline Fastjet's shares plummeted 17% on Tuesday morning as the company reported its losses widened in the first half. For the six months ended 30 June, operating losses from continuing activities rose to $31m from $12.8m the same period last year. The loss fr

UPDATE: Fastjet Raises GBP19.2 Million In Placing At Premium (ALLISS)

Fastjet to raise £19.2m to fund new business plans

(ShareCast News) - Tanzania-based budget airline Fastjet announced a placing and open offer to raise £19.2m and said it plans to be in a cash-flow break-even position by the end of next year. The issue price of 50p represents a significant premium of around 116% to the closing price of the shares on

Fastjet To Raise GBP19.2 Million In Placing At Significant Premium (ALLISS)

UPDATE: fastjet Says easyGroup Resolution To Remove Chairman Defeated

WINNERS & LOSERS SUMMARY: Premier Veterinary Jumps 34% On US Deal

Fastjet to raise more funds amid challenging markets

(ShareCast News) - Tanzania-based budget airline Fastjet said on Tuesday that it needs to raise further finance to provide essential working capital and effect the necessary changes to its operations as the trading environment remains challenging. The company said it has begun the initial phases of

fastjet Passenger Numbers Lower Than Expected As Load Factor Falls

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