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Fastjet CEO Mulls South Africa as New Market for Expansion

  • Unprofitable carrier is looking beyond 2017 break-even goal
  • Bezuidenhout overhauling fleet, cutting costs in recovery plan
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Fastjet Plc is considering expanding in South Africa as new Chief Executive Officer Nico Bezuidenhout evaluates growth opportunities for the unprofitable discount airline and says the continent’s most industrialized economy is too big to stay out of.

While the Africa-focused carrier already connects Johannesburg with its hubs in Tanzania and Zimbabwe, it has no internal services in South Africa.