EasyAfrica on the horizon.

Position:AVIATION - Brief article
 
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A new no-frills, low-cost African airline is being planned by entrepreneur Stelios Haji-loannou's easyGroup through Rubicon Diversified Investments. Rubicon, listed on London's specialist market for small companies, will pay easyGroup a royalty in return for easyGroup's initial 5% investment, managerial advice, and use of the fastjet.com name. Rubicon's current market capitalisation is [pounds sterling] 3m. The move may yet be challenged by Hajji-lonnou's previous company, easyJet.

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Haji-loannou (inset) said he was looking...

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