LONDON (Alliance News) - fastjet PLC on Thursday said it has decided to delay its application for a Zambian air operator certificate to the fourth quarter of 2016.
The African low-cost airline said it has made this decision as part of the rationalisation of its routes to match current demand with capacity. The delay to the fourth quarter is pending further review of the network.
Shares in fastjet were trading down 2.4% at 32.70 pence.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.


IN BRIEF: Fastjet Shares To Be Cancelled On AIM On Monday


UK Shareholder Meetings Calendar - Next 7 Days


IN BRIEF: Fastjet Plots AIM Cancellation, Share Reorganisation


(ShareCast News) - Fastjet's public spat with easyGroup led to the resignation of a board member late on Friday afternoon. After 1500 GMT, the Africa-...


(ShareCast News) - Tanzania-based budget airline Fastjet on Friday criticised easyGroup for going public with a letter relating to the two companies' ...