18 Mar 2016 15:59
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Thu, 08th Oct 2015 09:54
(ShareCast News) - Fastjet and Emirates have signed a sales and distribution contract that will give passengers access to the African airline's growing route network.The AIM listed airline announced the agreement on Thursday, in which a bespoke link will be created between Emirates and fastjet's reservations systems.The company said it will benefit both airlines with greater passenger traffic and will give travellers in Africa the opportunity to connect to the rest of the world through Emirates' Dubai hub.Fastjet chief commercial officer Richard Bodin said he's delighted to be working with a highly regarded and successful airline."Not only will it allow us access to the millions of passengers that Emirates carries, it is also a significant validation of our operation, service and proven low-cost model."
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18 Mar 2016 15:44
Fastjet director resigns amid row with easyGroup
(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-based low cost airline announced Tim Ingram, easyGroup's representative on the board, had resigned with immediate effect. "The board has regrettably
Read more18 Mar 2016 08:39
Fastjet shares crash as it hits back at EasyGroup
(ShareCast News) - Tanzania-based budget airline Fastjet on Friday criticised easyGroup for going public with a letter relating to the two companies' contractual relationships and said it was seeking legal advice. Fastjet said that while it welcomes constructive engagement with all shareholders, it
Read more8 Mar 2016 10:49
Liberum downgrades Fastjet on short-term challenges
(ShareCast News) - Liberum downgraded African budget airline Fastjet to 'hold' from 'buy' and slashed the price target to 45p from 90p following a "disappointing" trading update, which has led the brokerage to cut its 2016 and 2017 forecasts. Liberum now expects a $20m loss in 2016, compared with a
Read more7 Mar 2016 08:43
Fastjet shares plunge after stark profit warning
(ShareCast News) - Fastjet's share price plunged early on Monday, after the Africa-focused airline issued a stark warning over its long-term viability as challenging market conditions in the continent continued. The AIM-traded low-cost carrier, affiliated with the easyGroup through a major sharehold
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