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Fastjet nets 1.25m pound funding

Mon, 07th Oct 2013 12:25

African budget airline Fastjet has bolstered its finances by raising 1.25 million pounds through a deal with part of Henderson Global Investors Volantis Capital.It raised the cash by issuing 20,833,333 1 pence shares to majority-owned Henderson subsidiary Darwin Strategic at 6p per share.Fastjet's auditors KPMG said in June that the prospects of the company, in which easyJet founder Stelios Haji-Ioannou is a shareholder, depended on securing extra funding and launching more routes from its Tanzania base to other parts of Africa.PW
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9 Jun 2016 14:32

Fastjet appoints Nico Bezuidenhout as new CEO

(ShareCast News) - Fastjet has confirmed they have appointed Nico Bezuidenhout as its new chief executive on Thursday. Bezuidenhout, 39, will join Fastjet on 1 August, after 10 years as chief executive of South African Airway's low cost subsidiary Mango Airlines. He was chief executive from the airl

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9 Jun 2016 13:41

EXTRA: Fastjet Shares Fly High As Airline Ends Search For New CEO

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9 Jun 2016 10:35

Fastjet Hires Mango Airlines Boss Bezuidenhout As New CEO

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8 Jun 2016 15:30

Fastjet Says Search For New Chief Executive Is "Well Advanced"

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2 Jun 2016 08:03

Fastjet nosedives at it warns over 2016

(ShareCast News) - Fastjet shares slumped on Thursday after the Tanzania-based budget airline posted a narrower loss the year to the end of December but said it expects to report a trading loss and to remain cash flow negative in 2016. The operating loss from continuing activities narrowed to $37.9m

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2 Jun 2016 07:30

LONDON MARKET OPEN: Johnson Matthey Lifted By Brighter Outlook

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2 Jun 2016 07:08

Fastjet Annual Loss Narrows As Sales Grow, But Warns On Uncertain 2016

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27 May 2016 15:17

EasyGroup Calls For Meeting To Oust Fastjet Executive Chairman

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29 Apr 2016 13:46

Fastjet Agrees Early Termination Of Lease For A319 Aircraft

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14 Apr 2016 07:34

Fastjet Delays Application For Zambian Air Operator Certificate

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8 Apr 2016 16:11

Bryan Collings steps down as non-exec at fastjet

(ShareCast News) - Bryan Collings has resigned as a non-executive director at fastjet with immediate effect. It was announced in December that Collings would not be standing for re-election at the airline's next annual general meeting. Fellow non-executive director Robert Burnham was understood to

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8 Apr 2016 08:18

Fastjet Says Robert Burnham Plans To Stay On Board

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30 Mar 2016 12:57

Fastjet Claims No Breach Of Licence Agreement With easyGroup

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24 Mar 2016 07:42

Fastjet Will Respond To EasyGroup Letter As It Takes Legal Advice

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23 Mar 2016 09:02

Fastjet Takes Legal Advice Over Publication Of Second EasyGroup Letter

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