“Aviation and Africa are both risky places to do business,” says Sir Stelios Haji-Ioannou, “so fastjet is twice as risky.”
I’m spearing Burgundy snails into my mouth as one of the world’s best-known businessmen tells me about his latest venture over lunch at the Quai des Artistes restaurant. It’s the typical Monaco tale where friends of friends end up creating multi-million-euro businesses together. The friend of a friend in question is fellow Monaco resident David Lenigas. Their collaboration started in 2011 when Lenigas chaired Lonrho – a British-colonial conglomerate with a small, unsuccessful airline. Lenigas turned to Stelios for help.
“We need to change the aircraft, we need to change the name, we need to change the business model,” Stelios replied…
SIGN IN TO YOUR PREMIUM ACCOUNT TO READ MORE
(click Sign In at the top of the page)