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thanks, I did know we own Ghana and Angola I was not aware about kenya I thought I should ask
No it is not, although we did own fly540 Ghana or Angola, and the fly540 Kenya was much disputed when under the lhonro umbrella, I do think as Buxton suggests you should take time to hit the RNS button on this site and go back to inception and read them up, something you should do in a company that you are invested in
Elton you need to seriously check the history of fastjet
is this part of fastjet?
Starting today, fly to Dar es Salaam 3X weekly from either Nairobi or Mombasa. Book now from fly540.com
do we have apply for new licence because we changed aircraft? fastjet are looking strong for growth now.
It was a 4 hour delay on both sectors of HRE JNB HRE
...LCCs??? Looks like the B&�& and the A319 from the US / European and Asian LCC models are not (currently?) the right thing for Africa as JamboJet plans to go to an all Q400 fleet.... https://www.ch-aviation.com/portal/news/61959-kenyas-jambojet-preps-for-1q18-intl-debut-to-quit-jet-ops Also note that they are finally starting their International expansion - so become another one to challenge fastjet for the Pan African LCC crown.
Some talk about an Fastjet aircraft defect on Facebook, do not know which Country ?
Fjetcrazy we are talking about profit going forward from a given date with just new current costs as an indication of confidence for the future for investors
Not really because we have the disastrous Tanzania quarter to pay for.
PJMINVEST, I agree with you (that "Nico said we would be in profit during the last quarter not For the last quarter"). In fact I will be ecstatic if during December we make an operational profit in all three bases (Tanzania, Zimbabwe and Mozambique), as this would be a firm foundation for a share price hike. Hopefully the big fleet problems/changes are behind us, and as we go into December we do seem to be operating moderately well on all fronts. Any contributions to Group costs from the existing operations would be a good sign, as these central costs should stay relatively fixed as we expand, eg into South Africa with FedAir, new routes with the three ATR72s, etc.
https://twitter.com/flyboy_forever/status/935567753448165378 - Mwanza Landing �
https://twitter.com/flyboy_forever/status/935674055050649600
hillwi, thanks for the insight re Mozambique operations - good to hear that they appear to be performing well.
is Nico to able to reduce the cost, I don't mind to be in reds but by how much I think that is what matters. not like Ed destroy the company and burn the cash as quick as he can. I think Nico' s approach is much better than Ed we can all start see the improvement on the p&l. correct me if I'm wrong thank you
Mozambique seems to be performing extremely well considering it has only been operational for not much more than a month. Flights from Nampula to Maputo all seem to be fully booked around one or two days in advance and the return journeys on that route operating close to full. The Maputo - Beira - Maputa flights also seem to be operating close to full most days. The Maputo - Tete flights, which only operate 4 days per week also seem to operate close to full. In summary, it does look as though there are opportunities to increase the sectors flown in Mozambique in the not too distant future, especially the Maputo - Nampula - Maputo route.
I believe that Nico said we would be in profit during the last quarter not For the last quarter. That being so once we can claim that we are profitable on a daily basis going forward, this would be enough to move the share price and optimism.
hammy, q4 will be all red ink I'm afraid - especially in Tanzania after the very poor transition to the E190s - Zimbabwe may be trading at levels towards break even, Mozambique will not. Overall still very much in the red and personally I don't see any prospects of that changing any time soon. To me - a supporter but no longer holder - this is still uninvestible until there is a change in fortunes as demonstrated by the P&L.
I am sure somebody will correct me if wrong on this, the indication from the company is that Fastjet will be trading in Tanzania above the break even point for that area but in Zambia still looking for that break-even point in 2018? Also all aircraft will be in place for each area, at that time of information I cannot remember any talk of Mozambique coming on line so in my humble opinion does this mean that Fastjet are perhaps ahead of any predictions on losses being less for 2017 due to correct fleet size and the input of Mozambique cash into the coffers, I can appreciate that Mozambique will have start up cost but the flights seem to be good at this point and little disruption, communication to our customers could certainly do with improving. At some point should we not hear about the South African tie up and did I see somebody say about Namibia, which to me seems a bit outside our area or is this an untapped cash rich area?
is this today? or people want to put fastjet down
https://www.musicinafrica.net/magazine/zim-tuku�s-new-aids-awareness-video Well a very good cause and all that and I do see our 145 making several appearances plus an end-credit to the company. A controversial view no doubt but shouldn�t we wait at least until we�re showing a profit before we start dishing out dosh we haven�t got for such noble aims?
In summary Nojet (@fastjet) has taken 10 hours to fly and should seriously consider suicide prevention as a corporate responsibly program)
Possibly the worst service the world has ever seen- @fastjet from Vic Falls treating their customers like convicts on death row
It would be nice to hear positive news about South Africa which I understood was due to start in the last Quarter or first quarter. Also what we plan to do with the 3 ATR planes which we Committed To ?