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.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now