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."

MF

Recommended

Share tips of the week - 12 August
Share tips

Share tips of the week - 12 August

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
12 Aug 2022
Britain’s ten most-hated shares – w/e 9 August
Stocks and shares

Britain’s ten most-hated shares – w/e 9 August

Rupert Hargreaves looks at Britain's ten most-hated shares, and what short-sellers are looking at now.
10 Aug 2022
Aviva: One for income investors to tuck away
Share tips

Aviva: One for income investors to tuck away

Insurance giant Aviva is one of the highest yielding stocks in the FTSE 100 – and it’s cheap, too, making it a tempting target for income investors. R…
10 Aug 2022
Director dealings w/e 5 August: what company insiders are buying and selling
Stocks and shares

Director dealings w/e 5 August: what company insiders are buying and selling

Directors’ share dealings can often give investors an insight into the sentiment of company insiders. Here are some of the biggest deals by company di…
9 Aug 2022

Most Popular