Over the past 24 hours media have reported on the decline in
fastjet’s share price following the company’s announcement on June 27 regarding
its requirement for funding.
Fastjet chief executive, Nico Bezuidenhout, said in a statement that operations would
continue without disruption. “I would like to reassure all Fastjet passengers,
the travel industry and our partners that the company will continue to operate
in a state of ‘business as usual’ with flights across our network in Tanzania,
Zimbabwe, Mozambique, Zambia and South Africa operating as normal.”
Fastjet’s shares dropped by more than 75%, after the airline
began talks with major shareholders regarding an equity fundraising.
