Report: fastjet selling stake in Tanzanian subsidiary

Fastjet, which has warned it might not survive without equity fundraising, is in the process of selling off the company’s stake in the African LCC’s loss-producing Tanzanian subsidiary, according to local media reports. In a Nov. 9 London Stock Exchange funding update, the airline said operations...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.