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Politics and precipitation impede Fastjet loads

Tue, 08th Dec 2015 07:39

(ShareCast News) - Political turmoil and foul weather hampered passenger loads for Fastjet in November, it announced on Tuesday.The AIM-listed African easyGroup affiliate carried a total of 62,843 passengers during the month, with a load factor of 60% - down 3% on October.Fastjet blamed this on the prolonged Tanzanian presidential election process. The country remained without a cabinet or a budget, which the airline said resulted in muted demand from government and civil service.On-time performance in Tanzania was also hampered by severe weather, with 84% of flights running within 15 minutes of schedule, while 100% of flights ran within 15 minutes for the Zimbabwean operation in its first month in the air."Whilst we remain mindful of the temporary reduction in demand in Tanzania, we expect that this will improve in the New Year when the political environment stabilises", chief executive officer Ed Winter said."We are delighted that Fastjet Zimbabwe has been well received in its first month of operation. Passenger feedback has been positive and we look forward to expanding that network."In the announcement, Fastjet also confirmed a new route between Dar es Salaam, Johannesburg and Zanzibar would launch in January 2016.
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10 Jul 2015 10:16

Fastjet posts rise in passenger numbers

In its passenger statistics for June 2015, budget airline Fastjet said it carried 23% more passenger compared with a year earlier. Operations in Tanzania carried a total of 65,216 passengers compared with 53,232 in 2015, with a load factor of 69%, down slightly from 79% last year. The load factor me

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10 Jul 2015 06:39

Fastjet Passenger Numbers Up In June But Load Factor Declines

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30 Jun 2015 09:06

Fastjet launches new route to Malawi

Africa's low-cost airline Fastjet has launched a new route to Malawi. The flights between Dar es Salaam in Tanzania and Lilongwe, capital of Malawi, will be put on sale from Tuesday and operations will start in July. Fastjet said it will initially operate twice weekly on Mondays and Fridays, with t

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30 Jun 2015 08:22

Fastjet Secures Approval For New Tanzania-Malawi Route Starting July

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22 Jun 2015 08:42

Fastjet completes sale of Fly540 Ghana

Budget airline Fastjet has completed the sale of its stake in Fly 540 Ghana to DWG-G Company for the nominal amount of $1. Fly 540 Ghana, which was acquired by Fastjet in 2012, suspended flight operations in May 2014, although it continued to operate at a loss and reported an $11.3m loss in 2014, Fa

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22 Jun 2015 07:01

Fastjet Disposes Of Loss-Making Fly540 Ghana For Nominal Sum

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