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Search: Posts Made By: Phone Wind
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11th Nov 2018, 10:42
Replies: 24
Views: 15,214
Posted By Phone Wind

Post Local Management Buyout of Fastjet Tanzania

There is now an attempt by a group of Tanzanian businesses to buy out Fastjet PLC’s share in Fastjet Tanzania in order to turn the Tanzanian company into a franchise, retaining the right to use the...
31st Oct 2018, 17:32
Replies: 24
Views: 15,214
Posted By Phone Wind

Fastjet Tanzania Slump Continues

Fastjet shares slumped to 1.81 pence today as the company’s RNS announcement highlights that they only have sufficient funding for a few more days operating:
Fastjet Funding Update...
11th Oct 2018, 00:00
Replies: 24
Views: 15,214
Posted By Phone Wind

Fastjet to Stop Funding to Tanzania

https://www.ippmedia.com/en/business/fastjet-goes-local-following-uk-based-fastjet-plc-departure

It is being reported that Fastjet Tanzania is seeking funds to keep the airline going and local...
4th Oct 2018, 21:10
Replies: 24
Views: 15,214
Posted By Phone Wind

Fastjet Stopping Funding for Tanzanian Operation

According to ATC News by Prof. Dr. Wolfgang H Thome, Fastjet are pulling the plug on funding for their Tanzanian operations because of unfair and obstructive actions by TCAA and the Tanzanian...
27th Sep 2018, 07:56
Replies: 24
Views: 15,214
Posted By Phone Wind

As with far too many aviation companies, the only...

As with far too many aviation companies, the only people making any money are the directors with ridiculously high salaries and share options. It would be interesting to know how much Nico...
25th Sep 2018, 19:44
Replies: 24
Views: 15,214
Posted By Phone Wind

Fastjet shares are continuing to slide and have...

Fastjet shares are continuing to slide and have fallen a further 3% to a low of 6.65 pence today. This is not as bad as the brief drop to 3 pence in June, but nevertheless continues the steady fall ....
19th Sep 2018, 03:41
Replies: 24
Views: 15,214
Posted By Phone Wind

Retrenchments in Fastjet Tanzania

The General Manager of Fastjet Tanzania has issued a notice stating that there will be retrenchments of staff in all departments at the end of September 2018 and asking for volunteers for voluntary...
25th Oct 2016, 00:20
Replies: 24
Views: 15,214
Posted By Phone Wind

Fastjet Faces Regulatory Problems Changing Fleet

https://wolfganghthome.wordpress.com/2016/10/25/fastjets-transition-to-a-new-fleet-continues-to-face-challenges/. /
It seems Nico Bezuidenhout is having as many problems in Tanzania and Zimbabwe as...
11th Oct 2016, 23:08
Replies: 24
Views: 15,214
Posted By Phone Wind

Well Fastjet finally got a little bit of its act...

Well Fastjet finally got a little bit of its act together yesterday as LZ-BUR did its first commercial flight for the airline.
However, an aircraft in Bulgaria Air colours with Cyrillic script on...
5th Oct 2016, 09:38
Replies: 24
Views: 15,214
Posted By Phone Wind

The first leased E190 is now in Dar but has not...

The first leased E190 is now in Dar but has not started flying yet. Presumably they're waiting for clearance from TCAA as it''s a new type for them. The A319 they own has been sold (at a considerable...
1st Oct 2016, 18:34
Replies: 24
Views: 15,214
Posted By Phone Wind

I'm aware of the 319 in Harare, which is of no...

I'm aware of the 319 in Harare, which is of no use for helping with the routes from Dar, is totally under-utilised, and is due to be replaced by an E190.
FJD, the one remaining in Dar is the one...
1st Oct 2016, 14:46
Replies: 24
Views: 15,214
Posted By Phone Wind

Well they haven't arrived in Dar yet which means...

Well they haven't arrived in Dar yet which means the entire operation is being carried out by 1 aircraft. That seems pretty appalling planning by any airline which wants to be taken seriously. I've...
1st Oct 2016, 12:46
Replies: 24
Views: 15,214
Posted By Phone Wind

A Poor Management of the Fleet Changeover

It looks as if Fastjet have cancelled all flights from Dar to Kilimanjaro and Nairobi for at least the next 3 days and halved the number of flights to Mwanza and Mbeya. I have a friend stuck in...
25th Sep 2016, 17:21
Replies: 24
Views: 15,214
Posted By Phone Wind

From everything I've seen, experienced and read;...

From everything I've seen, experienced and read; it's almost entirely the fault of senior management which is why Sir Stelios forced the recent change in management
25th Sep 2016, 08:29
Replies: 24
Views: 15,214
Posted By Phone Wind

Well, it's all confirmed now that Fastjet is...

Well, it's all confirmed now that Fastjet is moving its HQ to Johannesburg and the A319s will be gone by the end of September to be replaced initially with 3 wet leased from Bulgaria Air - though it...
10th Sep 2016, 17:41
Replies: 24
Views: 15,214
Posted By Phone Wind

Fleet Changes Imminent in FastJet

It seems Nico Bezuidenhout is getting ready to make major changes to the fleet mix in FastJet where he took over as CEO last month. The rumours I'm hearing have it that in Tanzania just 1 A319 will...
Showing results 1 to 16 of 16


 
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