African airline Fastjet reveals urgent need for more cash

Fastjet Plc’s shares shed more than half of their value on Wednesday after the African budget airline said it needed more cash within a month for it to continue operating. Fastjet, launched in 2012 and modelled on the likes of no-frills airlines easyJet Plc and Ryanair Holdings Plc, has been running short of cash for … Continue reading African airline Fastjet reveals urgent need for more cash