Top stories

Fastjet’s Plan to Enter Ghana Now Realistic

FastjetLow cost airline Fastjet now has the all-clear to implement their plan to operate in Ghana and three other African countries.

This is after Fastjet signed a Memorandum of Understanding with Fly 540 to end the protracted legal dispute over payment and licensing agreements in Africa.

FastJet joined forces with Fly 540 in June last year to gain access rights in Ghana, Kenya, Angola and Tanzania but the deal fell through.

Fly540 withdrew the licensing rights and launched a legal battle accusing Fastjet of breaking its agreement on payments.

But in a statement signed by the Chief Executive Officer of 540 Aviation, Don Smith, the two have reached mutually beneficial and constructive resolutions.

“Both fastjet and Don Smith are pleased to be putting the unfortunate, highly publicised events of the past few months behind us. Don Smith remains the CEO of the Kenyan business and we are pleased to have him as part of the fastjet/Fly540 team.”

This means, Fastjet can now realize its plans of entering the Ghanaian domestic airline market by the end of this year.

Meanwhile the budget airline which has already begun operations in Tanzania has suspended flights to Zanzibar and Kilimanjaro because of the current low tourism season.

Loading...

Source: Citifmonline.com

Leave a Reply