Struggling low-cost African airline, Fastjet Plc, says its Chief Executive Officer, Nico Bezuidenhout, will step down after three years at the helm.
Fastjet said Mark Hurst, its deputy group chief executive officer, would lead the airline until a permanent replacement was appointed.
Bezuidenhout could not be reached immediately for comment.
Media reports last month suggested that Bezuidenhout could return to Mango Airlines as its top boss, a role he previously held for nearly a decade.
The airline, which operates in South Africa, Mozambique and Zimbabwe, has faced several issues related to its dwindling cash pile and was saved from going under after striking a deal to raise funds late last year.
Bezuidenhout told Reuters last week that Fastjet was expected to be profitable on an underlying basis by the end of 2019.
