Fastjet in preliminary partnership talks with Emirates
African low-cost airline Fastjet has confirmed it is in talks with Emirates, the world's largest airline by international traffic, to potentially create a partnership.
African low-cost airline Fastjet has confirmed it is in talks with Emirates, the world's largest airline by international traffic, to potentially create a partnership.
Commenting on the talks, Fastjet Chief Executive Officer Ed Winter said: "Talks are at an early stage but this represents a great opportunity for both parties."
"Emirates currently flies to 24 destinations in Africa while Fastjet launched its operations in Tanzania last month and plans to become a pan-African carrier. A partnership would benefit both Fastjet and Emirates with greater passenger traffic and would give travellers in Africa the opportunity to connect to the rest of the world through Emirates' Dubai hub with Fastjet providing passengers from African cities."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
MF
-
Coventry Building Society bids £780m for Co-operative Bank - what could it mean for customers?
Coventry Building Society has put in an offer of £780 million to buy Co-operative Bank. When will the potential deal happen and what could it mean for customers?
By Vaishali Varu Published
-
Review: Three magnificent Beachcomber resorts in Mauritius
MoneyWeek Travel Ruth Emery explores the Indian Ocean island from Beachcomber resorts Shandrani, Trou aux Biches and Paradis
By Ruth Emery Published