fastjet Kenya applies for Air Service Licence

fastjet has progressed its plans to open a base in Kenya by incorporated a subsidiary in the country that will be called fastjet Kenya, and submitting its Air Service Licence (ASL) application to the Kenyan Civil Aviation Authority (KCAA). To comply with local airline ownership rules in Kenya, 51% of the equity of fastjet Kenya will be owned by a Kenyan national. The balance of 49% is ultimately held by fastjet plc. Ed Winter, Chief Executive Officer of fastjet, said: “This is an important step for fastjet. We have submitted a comprehensive application to the authorities who have confirmed that fastjet Kenya