Fastjet Plc (LSE:FJET) is a British-based low-cost carrier operating in Africa, in Tanzania, Kenya, Uganda, Zambia, Zimbabwe and South Africa.

The company is Africa’s first low-cost, pan-African airline and operations started with the acquisition of Fly540, an airline operating in East Africa.

Fastjet’s branded flights commenced in November 2012 in Tanzania and the carrier has since then flown nearly 2m passengers with fares as low as USD10 one way.

Fastjet to Expand in Mozambique and SA

African low-cost carrier Fastjet (LON: FJET) will enter into a agreements to expand into Mozambique and South Africa via a brand license agreement with Solenta…