Cash-strapped Fastjet's CE to step down
Struggling Fastjet said Tuesday that after 3 years at the helm its CE Nico Bezuidenhout would step down to re-join a business that he founded. Media reports last month suggested that Bezuidenhout could return to Mango Airlines as its top boss, a role he previously held for nearly a decade. Bezuidenhout could not immediately be reached for comment. Fastjet said Mark Hurst, its deputy group CE, will lead the airline until a permanent replacement is appointed. The airline, which operates in South Africa, Mozambique and Zimbabwe, has faced several issues related to its dwindling cash pile and was saved from going under after striking a deal to raise funds late last year. Bezuidenhout said last week that Fastjet expects to be profitable on an underlying basis in 2019. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-07-03/unaligned/cash-strapped-fastjets-ce-to-step-down
https://portal.staralliance.com/cms/logo.png
Cash-strapped Fastjet's CE to step down
Struggling Fastjet said Tuesday that after 3 years at the helm its CE Nico Bezuidenhout would step down to re-join a business that he founded. Media reports last month suggested that Bezuidenhout could return to Mango Airlines as its top boss, a role he previously held for nearly a decade. Bezuidenhout could not immediately be reached for comment. Fastjet said Mark Hurst, its deputy group CE, will lead the airline until a permanent replacement is appointed. The airline, which operates in South Africa, Mozambique and Zimbabwe, has faced several issues related to its dwindling cash pile and was saved from going under after striking a deal to raise funds late last year. Bezuidenhout said last week that Fastjet expects to be profitable on an underlying basis in 2019. <br/>
