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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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9 Feb 2015 08:41

Fastjet Passenger Numbers Surge In January, Lifting Load Factor

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9 Feb 2015 07:54

Fastjet passenger numbers up 78% in January

Tanzania-focused low-cost carrier Fastjet saw a surge in passenger numbers in January, which is normally the quietest month each year for airlines. A total of 55,695 passengers were carried last month on a load factor - a measure of how full planes are - of 69%. This was a 78% jump in passenger num

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12 Jan 2015 12:09

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Fastjet Shares Soar As Its Records First Profitable Month

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9 Jan 2015 08:17

African budget airline Fastjet wins Zambian approval

African low-cost airline Fastjet has taken one step closer to launching operations in Zambia after receiving approval from authorities on the first phase of its application for an air operation certificate (AOC). The company, which already serves the Tanzanian market, said that it hoped Zambia will

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9 Jan 2015 07:53

Fastjet Gets First Phase Approval For Launch In Zambia

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2 Dec 2014 10:59

Fastjet increases passenger traffic in November

African budget airline Fastjet continued to hit new passenger records in November. The carrier increased its number of Tanzanian passengers by 90% to 63,146 in November and achieved a load factor - which measures how full its aircraft were - of 77% during the month. It also said it increased its De

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14 Nov 2014 10:13

Fastjet Moves Closer To Zambia Base, Adds African Investors

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5 Nov 2014 09:32

Fastjet October Passenger Numbers Up, Load Factor Improves

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27 Oct 2014 12:33

Fastjet Signs Digital Distribution Deal With Qunar.com In China

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8 Oct 2014 06:51

Fastjet Says Flights Returning To Normal After Bird Strike Delays

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7 Oct 2014 14:19

Sector movers: Ebola fears hammer travel stocks, but grocers and miners rise

Fears about the fallout from a potential Ebola outbreak hammered stocks in the travel and leisure sectors on Tuesday with UK-listed airlines and tour operators dropped sharply. In contrast, supermarket and mining stocks were bucking the trend with the two sectors, which have both bore the brunt of t

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7 Oct 2014 10:21

Fastjet reaches new heights with passenger record

African budget airline Fastjet has hit a new passenger record for September. The no-frills carrier part-owned by Easyjet founder Stelios Haji-Ioannou said its operations in Tanzania increased passenger numbers by 79% to 57,756 and achieved a load factor - which measures how full its aircraft were -

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