Fastjet PLC (LON:FJET)

Fastjet PLC (LON:FJET)

Share Price
1.45 p
-0.025 (-1.69 %)
Market Cap
£55.11 m
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Fastjet PLC

fastjet PLC is a Pan-African airline holding company which is focused on becoming Africa’s most successful and recognisable low-cost carrier. It’s main bases of operation at present is in Tanzania and Zimbabwe with a smaller market presence in South Africa and Zambia.

Market: AIM:FJET
52-week High/Low: 5.65p / 1.00p
Sector: Transportation [T3]
Market Cap: £55.11 m
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Big Picture – A Deep Dive Examination of Fastjet PLC

Fastjet PLC Timeline


fastjet CFO to resign next March

The company said it was now searching for a new CFO and anticipated that there would be “an adequate handover period” as the position changed hands

Fastjet is raising more capital

Interim chief executive Nico Bezuidenhout told investors that these arrangements will allow the company to finalise its stabilisation plan.
"Despite the challenges faced in 2015, we are starting to see the benefits of our short term actions and remain confident in our long term strategy where the need for low cost pan-African air travel is evident,” Colin Child told investors.
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