Proactive Investors - Run By Investors For Investors

Fastjet CEO says new funds will help ‘fulfil expansion plans’

Ed Winter, chief executive of fastjet (LON:FJET), says the company’s latest fundraising is all about taking the venture forward now that it has the foundations in place.

The low-cost airline has managed to drum up £50mln from a placing with new and existing investors to fund its expansion across Africa. 

Winter tells Proactive Investors how the group goes about expanding its fleet and says fastjet is now ready to take advantage of the market. He says the target over the next three and a half years is to try to capture around 1% of the population of the six countries it has chosen to operate in.

View full FJET profile View Profile

Fastjet PLC Timeline

October 29 2015
September 29 2015
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use