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 LCC group fastjet is aiming to finally pursue fleet expansion and launch affiliates in 2015. The group ends 2014 with a fleet of only three A319s - the same number of aircraft it operated at ...

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 ...

Fastjet Group is predicting full-year net losses of $7-8 million, which it attributes to volatility affecting its Zimbabwean operation, a division it is looking to divest. Fastjet Group is predicting ...

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 ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A spat between Sir Stelios Haji-Ioannou, the founder of easyJet, and FastJet, the African low cost airline in ...

EasyJet founder, who is a major Fastjet shareholder, wants to immediately dismiss boss Ed Winter over cost concerns Sir Stelios Haji-Ioannou has used his position as a major shareholder of African ...

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 ...

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-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 ...

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 ...