David Lenigas has resigned as chairman of struggling Tanzanian LCC, fastjet (FN) with immediate effect and has been replaced by Chief Executive Officer, Ed Winter, on an interim basis, until a permanent successor is found.
Wednesday, June 12, 2013
Friday, February 8, 2013
■ KENYA: Fly540 disputes Fastjet's claim that its owns 540 Aviation; maintains it is "independent of Fastjet".
Don Smith's Five Forty Aviation Limited has issued its own statement on yesterday's Fastjet statement issued on behalf of David Lenigas, Fastjet's boss. The update seeks "to correct the factual inaccuracies contained in the statement issued by FastJet". Smith asserts that, contrary to Lenigas' claims, brand licence agreements do in fact exist.
Thursday, February 7, 2013
■ KENYA: Fly540 now withdraws brand licence issued to Fastjet for Tanzania, Angola, Ghana; Fastjet claims it is sole owner of Fly540 brand.
Fly540's owner Don Smith has ratcheted up the stakes in his ongoing war with Fastjet (FN) by withdrawing his carrier's brand licences granted to fastjet for Angola, Ghana and Tanzania. Fly540 yesterday claimed that Fastjet still owes its USD7.7 million in licensing fees (USD6.9 million in Tanzania, USD500'000 in Angola and USD300,000 in Ghana), a claim David Lenigas, Chairman of fastjet, disputed stating that fastjet is the sole owner of the 540 brand (including fly540 Kenya).