6 Nov 2015 09:43
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Don't have an account? Click here to register.fastjet sees dip in passengers despite network expansion
Wed, 04th Nov 2015 15:41
(ShareCast News) - fastjet has seen a drop in passengers despite a recent expansion of its network.The Tanzania-based airline carried a total of 73,758 passengers in October, a drop of over 2,800 passengers from September.However, the airline has seen a 23% year-on-year increase in the number of passengers carried.It also had a load factor of 63%, slightly down from 64% in September and down from 74% in 2014.That's due to an increase in the amount of seats offered across the network by almost 14,000.The airline's new Harare and Victoria Falls were also included in the latest statistics, but with the service only starting in late-October it has not had much of an impact.Chief executive Ed Winter said the airline's load factor was significantly affected by a change in market demand in Tanzania due to the Presidential elections."We expected a downturn in the few days leading to the election and on the day itself."However, due to the unusually competitive nature of this year's elections, people tended to suspend travel plans until the inauguration. "Winter said there have been no significant reports of civil unrest in the country and said bookings are beginning to return to expected levels.
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29 Oct 2015 09:30
12 Oct 2015 08:01
Fastjet inches closer to flying in Kenya
(ShareCast News) - Fastjet's Kenya subsidiary has been granted an air service licence by the Kenya Civil Aviation Authority. The decision, announced on Monday, clears the way for the low-cost airline to take the next steps to operate domestic flights in Kenya. The AIM-listed company will now begin
Read more12 Oct 2015 07:30
8 Oct 2015 09:54
Fastjet signs sales deal with Emirates
(ShareCast News) - Fastjet and Emirates have signed a sales and distribution contract that will give passengers access to the African airline's growing route network. The AIM listed airline announced the agreement on Thursday, in which a bespoke link will be created between Emirates and fastjet's re
Read more7 Oct 2015 08:37
Fastjet gets licence to operate from Zimbabwe
(ShareCast News) - Low-cost airline Fastjet has been granted an Air Operator Certificate by the Civil Aviation Authority of Zimbabwe, which gives it a licence to operate both domestic and international routes within and from Zimbabwe. Fastjet Zimbabwe is now the second airline in the Fastjet network
Read more5 Oct 2015 08:50
Fastjet passenger numbers up 33pc year on year
(ShareCast News) - Fastjet has increased the number of passengers carried by 33% for the month of September compared to the previous year. The Tanzania-based airline revealed its passenger statistics for September on Monday. They showed a total of 76,595 passengers carried, representing 64% of avai
Read more28 Sep 2015 07:35
Fastjet takes delivery of first fully-owned aircraft
(ShareCast News) - African low-cost airline fastjet said it has received its first fully-owned aircraft. The AIM-listed company bought the Airbus A319 at a discount to the $15.5m (£10.2m) market value and took delivery last Wednesday. Fastjet chief executive Ed Winter said it was "the first (aircra
Read more