focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFJET.L Share News (FJET)

  • There is currently no data for FJET

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ryanair, Wizz Air And Fastjet Traffic Increases; Fastjet CFO Leaving

Mon, 05th Oct 2015 06:46

LONDON (Alliance News) - Ryanair Holdings PLC, Wizz Air Holdings PLC and Fastjet PLC all posted improved passenger traffic for September on Monday, while Fastjet also said its chief financial officer will be stepping down next year.

Irish budget carrier Ryanair said its customer traffic in September rose 12% year-on-year to 9.6 million from 8.5 million a year earlier, while its load factor improved to 94.0% from 90.0%.

The carrier's rolling annual traffic to the end of September was up by 16% to 97.3 million customers, it added.

Central and Eastern Europe-focused carrier Wizz Air, meanwhile, said its passenger traffic rose to 1.8 million in September, up 22% from the 1.5 million passengers it carried a year earlier, while its load factor improved to 90.9%, up from 87.5%.

On a rolling 12-month basis to the end of September, the carrier said it carried 20% more passengers and said its load factor improved to 87.8% from 86.3%.

Africa-focused budget carrier Fastjet said its passenger numbers rose 33% in September, up to 76,595 from 57,709, though its load factor declined to 64.0% from 74.0% due to an increase in its capacity year-on-year.

On a rolling 12-month basis to the end of September, the company said it carried 52% more passengers year-on-year.

In a separate statement on Monday morning, Fastjet also said Chief Financial Officer Nick Caine will leave the company in mid-2016. Caine has decided to return to Australia to continue his career closer to his family, Fastjet said. It has started the search for his replacement.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
5 Apr 2019 10:42

Fastjet Promotes Deputy Finance Chief As Chief Financial Officer

LONDON (Alliance News) - fastjet PLC said on Friday it has promoted Deputy Chief Financial Officer Kris Jaganah to the role of chief financial officer.fastjet is a UK and South Africa-based

Read more
5 Apr 2019 08:47

Fastjet promotes seconded deputy to finance chief

(Sharecast News) - Low-cost carrier Fastjet appointed Kris Jaganah to its board on Friday, tasking the former Stripes Aero director with the responsibilities of chief financial officer.

Read more
25 Mar 2019 15:06

Fastjet Extends Loan Agreements With Annunaki And SSCG To June-End

LONDON (Alliance News) - Fastjet PLC on Monday said it further extended the terms of two loan agreements with Annunaki Investments Private Ltd and SSCG Africa Holdings to June 30.The loans,

Read more
1 Mar 2019 12:51

Terms Of Fastjet Loan Altered And Deadline Extended To March End (ALLISS)

LONDON (Alliance News) - Low-cost airline Fastjet PLC on Friday said two of the terms of its unsecured loans have now been changed, and the loans have also been extended to the end of in Fastjet a

Read more
28 Dec 2018 15:50

Fastjet CFO Michael Muller resigns

(Sharecast News) - Fastjet chief financial officer Michael Muller will step down from his post in March, after the company announced his resignation on Friday.

Read more
7 Dec 2018 14:52

Fastjet Raises GBP550,000, Can Only Operate Until Mid-December (ALLISS)

LONDON (Alliance News) - Budget African airline Fastjet PLC said Friday it has raised GBP551,719 its open offer to shareholders and passed two of the three resolutions on offer at its annual one,

Read more
31 Oct 2018 10:50

WINNERS & LOSERS SUMMARY: Computacenter Sinks As Revenue Disappoints

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Standard up

Read more
31 Oct 2018 09:46

Fastjet Shares Drop By Third As It Continues To Seek Cash To Operate

LONDON (Alliance News) - Fastjet shares crashed on Wednesday as the company reiterated the need for additional funding to continue to operate.Shares in the low-cost African airline were 34%

Read more
26 Sep 2018 12:55

Fastjet Interim Loss Widens, Seeking Capital By October To Keep Going

LONDON (Alliance News) - Shares in Fastjet PLC dropped significantly Wednesday as the company reported a widened interim loss on Wednesday, resulting in the African value airline requiring capital

Read more
19 Sep 2018 13:31

Fastjet Non-Executive Director Peter Hyde Steps Down

LONDON (Alliance News) - Fastjet PLC said Wednesday that Non-Executive Director Peter Hyde stepped down from the company's board to focus on other commitments.Hyde joined the budget in

Read more
27 Jul 2018 11:16

UPDATE: Fastjet Raises GBP225,000 From Open Offer As Makes Progress (ALLISS)

LONDON (Alliance News) - Fastjet PLC said Friday it has raised GBP225,960 through a discounted open offer after the budget African airline looked to attract GBP1.6 million from shareholders as it

Read more
27 Jul 2018 10:57

Fastjet CEO sees foundation for 'prudent growth'

(Sharecast News) - Low-cost African airline Fastjet, which last month raised $10m in an emergency placing after warning it could go bust, on Friday said it had started daily flights on Zimbabwe's sought-after Harare-Bulawayo route.

Read more
27 Jul 2018 09:57

Fastjet Raises Just GBP225,000 From GBP1.6 Milllion Open Offer (ALLISS)

LONDON (Alliance News) - Fastjet PLC said Friday it has raised GBP225,960 through a discounted open offer after the budget African airline looked to attract GBP1.6 million from late June, Fastejet

Read more
29 Jun 2018 12:49

LONDON MARKET MIDDAY: Stocks Higher As EU Strikes Migration Deal

LONDON (Alliance News) - Stocks in London were higher at midday on Friday as European Union leaders carved out a deal on immigration and investors shrug off trade tensions - albeit temporarily.The up

Read more
5 Jan 2017 09:04

FastJet to raise $48m to stabilise the airline with Solenta injecting $19m

(ShareCast News) - In a bid to stabilise Fastjet and reach cash flow break even, chief executive Nico Bezuidenhout aims to increase equity by at least $48m with Solenta, an African commercial aviation firm, injecting $19m into the Africa-focused budget airline and through a share placing. Solenta wi

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.