Fastjet Says CEO To Step Down

African budget airline Fastjet said its chief executive Ed Winter would step down.

Winter will remain at the helm until a new chief executive is appointed and after that will continue in an advisory role for an agreed period of time, the London-listed company said.

Headhunters would be appointed to start the search for a new CEO, Fastjet said.

Winter, who was CEO of Fastjet since 2012, has also been chief operating officer at easyJet, low cost airline Go and also chief executive of National Air Services in Saudi Arabia.