Bengaluru — Low-cost African airline Fastjet expects to be profitable on an underlying basis in 2019, CEO Nico Bezuidenhout said on Thursday, a year after a cash crunch nearly drove the carrier into administration.

The airline, which operates in SA, Mozambique and Zimbabwe, has faced numerous issues related to its dwindling cash pile and was saved from going under after striking a deal to raise funds late in 2018...

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