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S.Africa’s Fastjet performs beneath its expectations in first two months of 2020


Corrects typo in headline

March 12 (Reuters)South African low-cost service Fastjet FJET.L stated on Thursday it carried out barely beneath expectations in January and February on account of extra capability, including it was able to additional reduce schedules as a result of coronavirus outbreak.

The corporate, which has been flagging going concern doubts because it tries to promote its Zimbabwe operations, stated it has money to satisfy its wants up till the tip of June, given its forecast income just isn’t impacted by reductions in demand as a result of quick spreading virus.

(Reporting by Yadarisa Shabong in Bengaluru; Enhancing by Ramakrishnan M.)

((Yadarisa.Shabong@thomsonreuters.com; inside UK: +44 020 7542 1810; outdoors UK: +91 80 6182 2784;))

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