Wednesday, June 13, 2012

Stelios Haji-Ioannou to launch low cost African airline - Fastjet

Fastjet: Stelios Haji-Ioannou investing in low-cost African airline

An African low-cost airline, which is the brainchild of easyJet founder Sir Stelios Haji-Ioannou, has moved closer to take off.

Sir Stelios, who first revealed his plans to launch a new budget carrier called Fastjet in September last year, has taken a 5 percent stake in a new venture which is expected to operate in Kenya, Tanzania, Ghana and Angola.

The service came a step closer after investment company Rubicon

More details here...

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