There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring ...

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.

FastJet Plc (AIM:FJET), a airlines company based in United Kingdom, received a lot of attention from a substantial price movement on the AIM in the over the last few months, increasing to £0.19 at one ...

African low cost airline FastJet has expanded its aircraft fleet, signed a maintenance contract with a leading aircraft maintenance company and further strengthened its management team ahead of the ...

Fastjet has secured its entry into the Kenyan market and its first expansion outside Tanzania and access to the key Nairobi hub by throwing a lifeline to collapsed local carrier Jetlink Express. The ...

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 ...

We’ll send you a myFT Daily Digest email rounding up the latest African companies news every morning. Shares in Fastjet jumped 14 per cent on Thursday after the troubled Africa-focused airline poached ...

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 ...

FastJet acquired loss-making Fly540 through the purchase of the aviation arm of African conglomerate Lonrho in Jun-2012. LCC guru and founder of easyJet Stelios Haji-Ioannou's easyGroup has a 5% stake ...

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 ...

The legal dispute between Fastjet and Five Forty Aviation, the parent of its Fly540 brand, has spread to all three operating bases included in the licensing agreement between the two parties, with ...