African LCC fastjet has until Dec. 14 to solve its financial problems or face the prospect of going out of business. The cash-strapped airline has faced persistent money problems. In June 2018, the company staved off a cash crunch by raising $7 million through a share issue, while its largest existing shareholder, South Africa’s Solenta Aviation Holdings, agreed to subscribe for a further $3 million of shares. The airline believed this would suffice until the end of 2018. However, ...

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