FastJet founder Stelios Haji-Ioannou said he was willing to take a five-year view on the new LCC (Business Day, 07-Jun-2013). The airline failed to launch operations in South Africa in May-2013 however it plans to commence operations from the country in Jul-2013. Mr Haji-Ioannou said, “Africa is a difficult place to do business — it is not open skies” and said, “We will see what happens — I can’t say it will be a success in five years, but it is risky”.
FastJet committed to Africa: Founder
10-Jun-2013 11:28 AM