05-Mar-2010 4:42 PM
Fly540 Africa and Fly540 Zimbabwe to sign franchise agreement; Kuwait Airways privatisation progress
Analysis
Lonrho (-4.0%) was down after a strong rise the day prior. Subsidiary, Fly540 Africa reportedly plans to sign a franchise agreement with Fly540 Zimbabwe by the end of this month, moving the Zimbabwean carrier closer to receiving an Air Operator's Certificate from the Civil Aviation Authority of Zimbabwe.
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