Fastjet Reorg Raises Questions
The recent shutdown of Fastjet's 540 operations in Ghana and Angola has been explained by Fastjet focusing on their LCC model elsewhere in Africa.
OK, but why shut down West Africa completely?
Is West Africa already saturated with airline capacity? Surely growth has only just begun? Or are Ghanaian conditions proving difficult (other airlines have also pulled out recently)?
Is there another story here?
Any insights or is it as simple as little real demand for LCC's in West Africa?