From Facebook page : what can it be???14 Nov 2019 10:04
Watch this space as we "get ready" for our latest announcement. Thank you to our valued followers and customers for suggesting that we ......... "to be continued" #Fastjet #FastjetPlaces #Airtravel #Zimbabwe #SouthAfrica #Vacation #BusinessTravel
The Company today announces that it has further extended the terms of its unsecured loan agreements with Annunaki Investments (Private Limited) ("Annunaki") and SSCG Africa Holdings ("SSCG") (the "Loan Agreements")
Surely a 3 month extension agreement would not be granted unless some positive strategy with a strong likelihood of success is convincing enough to persuade?
I'm glad you raised this. i have long suspected that the multitude of 1.35 transactions were in fact buys. I know it is argued that for every sell there is a buy. Could the wisdom of better informed posters shed some light?
The relaunch of Zambia Airways has been pushed back again from January 2019, to April 2019. The original launch was scheduled for October this year.
The announcement was made in Parliament, by Brian Mushimba, Minister of Transport and Communications who said that the decision was made to give the IDC enough time to appoint the board of directors for the airline.
In August it was announced that Ethiopian Airlines and Zambia Airways have signed a shareholder agreement to revive Zambia’s national airline, more than two decades after its closure.
The agreement reached last January between Africa’s largest airline and Zambia’s Industrial Development Agency, stipulates that Zambia Airways liquidated in 1994, will operate 12 aircraft by 2028.
Ethiopian Airlines will own 45% of the renovated airline and Zambia 55%, according to a statement by the Ethiopian company. It adds that its initial investment in the start-up of the national carrier will be $30 million.
Intercontinental routes, including Europe, the Middle East and Asia, will be added in the near future.