The first pan-African budget airline took to the skies in late November with a series of flights in Tanzania. Fastjet's aim is to offer a low-cost alternative to passengers accustomed to uncertain and costly air travel.
Filings with the Securities and Exchange Commission show if William Johnson is fired when the new owners take over, he'll walk away with a golden parachute worth $56 million. When you tack on stock payouts and deferred compensation benefits, he could get more than $200 million.
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