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No idea, but the predicted last quarter 2017 was intimated in last RNS, in my opinion that was most likely missed with the DAR ops fiasco and costs incurred.
Hi can anyone tell me when and how we are likely to find out whether or not Fastjet have achieved break even point?
I was thinking of spending some time to come up with similar analysis, however decided against it due to the amount of disruption we have experienced in Tanzania
1 only 1 A319 in DAR
2 leasing of B737 (500) star Air
It would be difficult to get anywhere close to any credible figures taking the above into consideration
There seem to be some on here who have a finger on the pulse when it comes to the current schedule and day to day operations. Could I ask if anyone has a rough idea of the monthly passenger seats available, and maybe even an educated guess on load factor?
To put in perspective, during the first six months of 2017 there were was on average 69,073 seats available per month with an average load factor of 65.35%. Average number of passengers each month was 45,139. (source: 2017 interim results)
FJH has operated 3 xMWA 1 x MBI and 1 x JRO, JRO departed 2355
It is not showing on flightradar24 as fine, unless recording equipment is faulty and not recording all flights.
All seems fine
Things do not seem to be running to schedule even for one aircraft. What is wrong?
That’s 12 rotation s in 24 hours i hasten to add
Just completed 12 back to back rotation s INCREDIBLE, now that’s utilisation
It's now turning out to be a CULTURE ,,,so UNRELIABLE ,,this comes with reputational damage
PJ could not have put it better, twitterate having a field day today as above
At least we are from what I’m hearing, booking customers on A Tanzania and Precision ,
I agree in normal circumstances this would not be a disaster, it is justifiability described as such as the disaster was in the sequence of events. We had already let people down due to deliberate obfusication in delaying the E190 Launch, so we had to cancel flights ruining peoples plans. We again arranged a new schedule on which people again booked only for an Extra E190 to arrive and the other immediately to go offline, again cancelling flights and ruining plans. We then again got two aircraft back just before Christmas and re-commenced the schedule..
Passengers entrusted their Christmas and New Year plans to us to deliver and I am sure were nervous given the foregoing. Then Again we got passengers to their outbound destination and a disaster in PR and Customer perception occurred when we cancelled flights leaving passengers stranded at probably the most booked period of the year. I am sure if you were one of those stranded at New Year and due back, you would consider it a disaster and will probably vow to never trust your important arrangements to us again.
Whilst these things happen, and it will not be Terminal to us, I still think that the very small time period during which all these events transpired, makes it much more of a significant event.
If you have 100 successful flights over several years, and only have one problem, you accept it in good faith, If on the other hand you just happen to have been let down 3 times in just a few weeks, you may feel differently.
Disruption will happen especially with small fleets (if it didn’t I’d be concerned about the safety culture in the airline). Yes, it’s important how the airline in general handles disruption when there are aircraft out of service etc, but I’d be hard pressed to see how this could be referred to as a “disaster”. Every airline will suffer from disruption, I doubt whatever is going on at the moment will have any significant effect on fastjet.
Look forward to hearing how the financials are for fastjet, I hope an update isn’t too far away.
Well at least they are paying to get our customers away on other flights
Reduced flying schedule for tomorrow, so long term technical
Looks like Mbeya and Mwanza flights cancelled everything showing sold out. If we get people away for New Year but cannot get them back home again, we are going to suffer some very vocal and bad social media comments. People will remember for a long time being let down on their New Year Break.
We got off to a bad start today.
As FJI has not flown today so far.
Here's hoping that 2018 will be the about turn in the downward spiral of the Fastest share price and that a fast and steady share price rate of increase awaits as we expand.
A very Happy New Year to all of you. May it turn out at last to be a really good one for fastjet – and us – too.
PJM, the same RNS from 29th September suggests that all 3 will be deployed within 6 months....
'....the three aircraft are to be deployed over the next six months in South Africa, Tanzania and/or Mozambique....'
So given that they have yet to appear anywhere in Africa the early part of 2018 may be quite interesting!
Happy New Year all.
It may be one ATR to start, but I seem to remember Fastjet originally said it was 3 as in the attached clip
BRAND LICENCE AGREEMENTS ENABLING EXPANSION OF FASTJET BRAND INTO SOUTH AFRICA AND MOZAMBIQUE
AGREEMENT IN PRINCIPLE FOR THE LEASE OF THREE ATR 72-600 AIRCRAFT WITH AN OPTION TO PURCHASE TO SUPPORT GROWTH ACROSS EXISTING MARKETS AND ENTRY INTO SOUTH AFRICA AND MOZAMBIQUE