Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

FastJet, Five Forty Aviation Seek to End African Airline Dispute

April 23 (Bloomberg) -- FastJet Plc and Five Forty Aviation Ltd. Chief Executive Officer Don Smith said they have agreed to end a legal battle in a dispute over payment and licensing agreements in Africa.

The accord with Nairobi-based Five Forty is designed to reach “mutually beneficial and constructive resolutions,” FastJet said in a statement today.

London-based FastJet, which began commercial flights Nov. 27, combined with Five Forty Aviation in June to gain access rights in Ghana, Kenya, Tanzania and Angola. Smith in February withdrew licensing rights, saying FastJet had reneged on payments, triggering the legal battle.

“The signing of this MOU provides a positive platform for FastJet to strengthen its East African Hub,” Ed Winter, FastJet CEO, said in the statement. Smith will remain head of the Kenyan Fly540 business.

To contact the reporter on this story: Robert Wall in London at

To contact the editor responsible for this story: Benedikt Kammel at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.