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Fastjet Agrees Early Termination Of Lease For A319 Aircraft
LONDON (Alliance News) - fastjet PLC on Friday said it has agreed the early termination of the lease of one of its A319 aircraft.
The aircraft, which was scheduled to come to the end of its lease term in October, will now come out of service immediately.
The African-based airline operator said this comes as part of the ongoing review of its routes and fleet in order to match current demand with capacity.
Following the return of the aircraft, the fastjet fleet will comprise five aircraft, four of which are leased and one of which is owned.
"The board will continue to keep the fleet size under review," fastjet said in a statement.
Shares in fastjet were trading down 0.2% at 31.07 pence on Friday afternoon.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
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