SA is too big to ignore, says Fastjet CEO Nico Bezuidenhout
Carrier is considering expanding in SA as its new CEO evaluates growth opportunities for the unprofitable discount airline
Fastjet is considering expanding in SA as new CEO Nico Bezuidenhout evaluates growth opportunities for the unprofitable discount airline and says the country is too big to stay out of. While the Africa-focused carrier already connects Johannesburg with its hubs in Tanzania and Zimbabwe, it has no internal services in SA. The market "cannot be ignored", Bezuidenhout said in an interview in Johannesburg, where he is relocating Fastjet’s headquarters from London after joining the company in August. Bezuidenhout is starting to identify growth opportunities after beginning a fleet overhaul and cutting weaker routes to reduce costs and stem losses at Fastjet, which he expects will break even at a cash-flow level from the fourth quarter of 2017.
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