Fastjet looks to sell Zimbabwe business in effort to survive till 2021

(Reuters) - Fastjet Plc said on Wednesday it is in talks to sell its Zimbabwean operations to a consortium led by its biggest shareholder Solenta Aviation for $8 million, a deal which could help the South African low-cost carrier stay alive until 2021.The company, whose shares plummeted 32% to a record low after the announcement, said it was also in talks with some of its major shareholders for a cash call. Fastjet said if the restructuring plans do not pan out by the end of February, the..