Subscribe Today
Advertisements
Friday, January 31, 2025
Top Posts
HR PERSPECTIVE: Subjective vs objective performance measures
Consequences of digital divide in Africa
Government ups ante on smuggling
Business prays for bold RBZ measures
ICT, consumer stocks drive markets growth
Zinara banks on computerisation
Growth target faces ‘turbulence’
Zimra prioritises cost efficiency
Zimra strengthens its border security
Zim inflation surges in January
Subscribe Today
©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Home » Fastjet earnings hit turbulence on stiff competition
National Report

Fastjet earnings hit turbulence on stiff competition

written by Almot Maqolo, Staff Writer 0 comments
The airline’s transition from a pure low-cost model to a ‘value airline’ offering has been slow, potentially leaving gaps in capturing market segments that could contribute higher yields.
0 FacebookTwitterLinkedinWhatsappTelegramEmail

STIFFER competition from new entrants in the local aviation space adversely impacted Fastjet Zimbabwe’s top line, subsequently plunging it into a US$4 million loss in 2023, the company’s latest annual report shows.According to the company’s delayed 2023 annual report, revenue rose marginally by 1,8 percent to US$50,9 million in 2023 from US$50 million in 2022…

Subscribe to read full article. Subscribe today
Advertisements
0 FacebookTwitterLinkedinWhatsappTelegramEmail

Related Posts

Government ups ante on smuggling

Zinara banks on computerisation

Zimra prioritises cost efficiency

Zimra strengthens its border security

High costs cripple pig industry

NHS banks on business class lounges to boost revenues

Advertisements
Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

CATEGORIES

ABOUT THE FINANCIAL GAZETTE

Facebook Twitter Instagram Linkedin Whatsapp

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
©2024 The Financial Gazette. All Right Reserved. Designed and Developed by Innovura

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Close