Although a deal with 1time remains fastjet’s preferred launch pad to introduce its South African services, the airline said it was continuing to explore alternative partnerships to launch the fastjet brand to the local market.
Fastjet has filed a letter of intent with the liquidators of 1time in Johannesburg to enable the liquidators to negotiate a compromise settlement with the creditors. This, fastjet said was a major step towards the acquisition of 1time and the launch of fastjet flights in South Africa. However, should a compromise not be negotiated with the 1time creditors, the carrier is confident that alternative avenues explored will be available in South Africa.
Fastjet CEO, Ed Winter said: “Fastjet is really excited about the opportunity to serve the South African air travel market and this is a very significant step towards making that a reality.”
Fastjet determined to fly in SA
Fastjet determined to fly in SA
19 Mar 2013 - by Jeanette Phillips
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