(Reuters) - African budget airline Fastjet Plc (FJET.L) said it would raise up to 19.2 million pounds through a share issue. The carrier said it would issue the shares at 50 pence each, a premium of ...

(Reuters) - Cash-strapped regional Africa airline Fastjet Plc said on Monday it has reached an agreement to further extend the repayment date on its unsecured loans. Fastjet in June had entered ...

African operator Fastjet Group is planning to delist from the stock market and register as a private company, as a condition of securing further support from key shareholder Solenta Aviation Holdings.

As we gear up for the opening of Routes Africa in The Seychelles this weekend more details have been released about the new low-cost carrier that is attempting to revolutionise air services in the ...

South Africa-based ACMI/charter specialist, Solenta Aviation Group, has increased its stake in fastjet plc ahead of the low-cost airline's push into the South African and Mozambican markets, reports ...

Shares in Fastjet plunged 43% on Wednesday after the company issued yet another warning about cash shortages and its potential inability to keep flying. The six-year-old, London AIM-listed airline ...

South Africa's Mango Airlines has rehired Nico Bezuidenhout as chief executive to speed up its recovery plan, turning to an executive who led the business for nearly a decade and recently steered ...

Fastjet Group is to hold discussions on potential amendments to the terms of its planned disposal of its Zimbabwean operation, given the financial impact of measures taken to combat the coronavirus ...

Africa’s first pan African low cost carrier fastjet has unveiled its new brand and plans to begin selling tickets next week ahead of the airline’s first flight this month. The new branding, which ...

Fastjet, African budget carrier has announced plans to raise $18.4 million (Sh1.58 billion) through the issue of 687.5 million new shares by April 15, as it struggles to gain momentum and stem losses ...

fastjet has entered into a binding agreement with Avtrade for the sale of its sole owned Airbus A319. The consideration is being satisfied in cash for US$8.0 million with a 10 per cent deposit payable ...

LONDON--Shares of fastjet PLC (FJET.LN) fell as much as 35% in early trade Friday, leading the FTSE Aim All Share index losers, as the African low-cost airline goes to battle with its second largest ...