Fastjet Airbus A319. Courtesy, Fastjet Five Forty Aviation is demanding $6.8 million in unpaid debts from Lonrho Aviation, which is now operating as African-low-cost carrier Fastjet. The $6,783,551.67 payment is alleged to cover financial support for Fly540 Tanzania, Angola, Ghana and elsewhere. “Five Forty Aviation confirms that it has instructed its lawyers to recover an acknowledged debt of $6.8 million from Lonrho Aviation,” Five Forty Aviation said in a statement, ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.