African low-cost carrier fastjet is planning to acquire more used Airbus A319s and expand into Kenya, South Africa, Zambia and Zimbabwe after raising another £50 million ($74 million) in fresh funding. “This fundraising is a transformative step towards achieving fastjet’s goal of building Africa’s most successful pan-continental low-cost airline,” fastjet CEO Ed Winter said. Fastjet launched low-cost Airbus A319 operations from Dar es Salaam, Tanzania in 2012 ...

Subscribe to Access this Entire Article

"Fastjet raises $74 million to fund growth, A319 acquisitions" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.