African low-cost carrier Fastjet will issue $2.4 million in new shares to seize an “earlier than expected opportunity” in Southern Africa.
Fastjet A319. Courtesy, Fastjet African low-cost carrier Fastjet will issue $2.4 million in new shares to seize an “earlier than expected opportunity” in Southern Africa. News of the share placement follows unconfirmed reports that Fastjet is trying to acquire the air operator’s certificate of failed South African budget airline 1time (T6), which recently went into liquidation (ATW Daily News, Nov. 7). “These additional funds will be deployed in assessing ...
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