9 Jun 2015 07:21
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Don't have an account? Click here to register.Fastjet takes delivery of first fully-owned aircraft
Mon, 28th Sep 2015 07:35
(ShareCast News) - African low-cost airline fastjet said it has received its first fully-owned aircraft.The AIM-listed company bought the Airbus A319 at a discount to the $15.5m (£10.2m) market value and took delivery last Wednesday.Fastjet chief executive Ed Winter said it was "the first (aircraft) that we have purchased but also...marks a doubling in the size of our fleet over the past few months".The aircraft has been earmarked to be the first in the fastjet Zambia fleet and will be flown to Lusaka, Zambia in early November after reconfiguration and painting.In April, fastjet stated its itention to create a mixed fleet of leased and purchased aircraft.
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2 Jun 2015 14:56
Fastjet's maiden losses expand but revenues double thanks to passanger growth in Tanzania
Low-cost African airline Fastjet posted an increase in full-year losses after its businesses in Ghana and Angola were suspended. The group said the loss making Fly 540 businesses remain inactive, awaiting sale or closure. Revenues more than doubled to $53.76m from $26.12m, but losses before taxes j
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