Five Forty Aviation Ltd. said it withdrew Fastjet Plc’s rights to use the Fly540 brand in a dispute over licensing fees and has notified airline regulators in Tanzania, Angola, and Ghana of the change.
Traders across London started showing up for work around midnight as dealing desks opened in the early morning to react to the U.K. election.
"We had no choice but to take this action because the most worrying aspect of non-compliance with the licensing agreement is that we have no way of assuring that the planes are safe to fly."
- Don Smith on Feb 06, 2013
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