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The salary awards for the BoD's are all so incestuous. The 2 Executive Directors remuneration (Nico Bezuidenhout and Michael Muller) is decided by the remuneration commmittee, which comprises the 3 Non Executive Directors on the Board (Rob Burnham, Rashid Wally and Peter Hyde).
The full 5 man BoD's then discuss and decide what the 3 Non Executive Directors salaries/fees should be.
So the remuneration of all 5 menbers of the BoD's is hatched up amongst themselves with no external input.
fatherelmer, yes, the Maputo-Biera route has been increased to 2 return flights 6 days of the week, and I think the Maputo-Tete route has an additional return flight per week, although still does not operate every day.
The Maputo - Nampula route is also booming, no seats left on the outward leg today, tomorrow, Sunday or Monday, although there are seats available on the return leg.
I would say most certainly an E190. Flight time from DAR to Kigoma is only 1hr 45mins / 1hr 55 mins, which I do not think would be possible using an ATR.
Mozambique seems to be performing extremely well considering it has only been operational for not much more than a month. Flights from Nampula to Maputo all seem to be fully booked around one or two days in advance and the return journeys on that route operating close to full. The Maputo - Beira - Maputa flights also seem to be operating close to full most days. The Maputo - Tete flights, which only operate 4 days per week also seem to operate close to full. In summary, it does look as though there are opportunities to increase the sectors flown in Mozambique in the not too distant future, especially the Maputo - Nampula - Maputo route.
PJMINVEST, It seems there were severe thunderstorms at DAR this morning, which may have resulted in flight cancellations. OK at the moment, but more thunderstorms expected late this evening.
Fjetcrazy, The LUN-JNB, whether via HRE or direct, sounds good. My preference would be direct flights LUN-JNB-LUN and LUN-HRE-LUN. The fact SAA operate LUN-JNB-LUN direct would give them the edge, as against our stopover in HRE. The flight time from LUN-JNB direct is just under 2 hours (750 miles), whereas via HRE it would be almost 3 hours 30 minutes including the stopover at HRE.
While it is good news to see another route added to our network, I cannot really see much demand for a twice weekly flight operating between approx. 01:00 and 02:00 in the morning, for a distance of only 250 miles. If we could introduce a twice daily rotation between the two cities, then I do think it could become a busy route. Business travellers do not normally wish to get involved in overnight stays when commuting between two cities in such close proximity to one another and a morning and evening flight would allow business travellers from either country to fly out in the morning, conduct a days business and return home that evening. This should become possible very soon, as we increase our fleet in Zimbabwe and or SA..
Very strange. The schedule ran like clockwork yesterday, but today, 1st September, nothing. I do hope it is a technical problem with the aircraft, and not some licensing or other administrative situation, which terminated on 31st August, disallowing us to operate as normal from today.
Don't know if there has been a resolution to the Air Zimbabwe / SAA situation, but fastjet ticket prices seem to have returned to the normal pattern, with seats available today and tomorrow at lower prices than those advertised yesterday.
Carbonix, Totally agree, lets follow Ryanairs policy of -- 'Load Factor Active, Yield Passive'. Attract more people and increase ancillary revenue. Also agree we should immediately increase rotations on the route, we have the capacity to do so.
Fjetcrazy, you said Monday's flights in your original post, I think you actually meant Sunday???
Fjetcrazy, you can book 7 seats on any of Monday's flights before you get a 'SOLD OUT', so there is a minimum of 56 seats available for purchase on Monday.
Fjetcrazy, that is not actually the case, they have just bumped every seat price up to maximum fare of $500. I know business is business, but I would rather they had continued with their normal progressive fare algorithm so that people flying fastjet due the the current situation, could say they enjoyed the experience and paid a reasonable price, rather than paying $1000 for a return flight of just over 1hr 30mins each way. It would be nice to retain some of the passengers who may have previously used the other airlines, but they may take the view that they have been 'ripped off' by fastjet.
The fact Mon-Fri we operate a maximum of 6 rotations per day using our Zimbabwe fleet, there is currently scope for increasing the number of rotations those days on the HRE-JNB-HRE sectors from 4 to 6 if demand justified it.
yes, the loads are well up on the JNB-HRE-JNB sectors. What they have done on the JNB-VFA-JNB sectors, is bumped the fares up significantly, but no great evidence of the loads increasing by much.
I notice in the past 2 hours, there has been a large number of seats purchased on the JNB-HRE-JNB sectors, presumably to do with question mark over the Air Zimbabwe SAA flights on that route. Pity we didn't have more or bigger aircraft to pick up this increased demand.
Fjc, not sure entering any number in the infant category has any significance, as there is no seat occupancy associated with infants. Adult and child, yes, and I agree with the sectors you have quoted as being 90%+ load factors, but the 50%'s you quote are an estimate, which could be high, almost correct or low. The one thing I find strange is that on the HRE-JNB sector, the loads are very high, but on the return sector significantly lower. Do you have any explanation for this, as to why people are flying in high numbers to JNB with fastjet, but returning by some other operator or other means of transport? I also hope the JNB-VFA-JNB sectors pick-up soon, as we do seem to be struggling on those flights at the moment.
Not sure about the re-introduction of the DAR-JNB route. For a return journey it requires the utilisation of an aircraft for approx. 8 hours plus the fuel costs and crew costs for a journey of that distance, all to be paid for by a maximum of 50 passengers in each direction. I would rather see the shorter 1-2 hour sectors, which from what I can see regarding the HRE-JNB and HRE-VFA routes, are bringing in high load factors and excellent yield for the distances involved. Including BUQ in the Zimbabwean and South African sectors would be my priority at present, followed by Zambian destinations both domestically and internationally to Zimbabwe and SA.
Just been viewing the Zimbabwe flight schedules and there seems to be very high demand for two of our current routes (HRE-JNB-HRE & HRE-VFA-HRE), not so much at the moment for the JNB-VFA-JNB route. From the middle of next week, the HRE-JNB-HRE route looks very busy, with only 12 sets remaining over the four flights from HRE-JNB on Friday. The HRE-VFA-HRE flights are also looking very full every day. It looks as if there is potential to add a 5th rotation daily to the HRE-JNB-HRE route and operate two rotations daily on the HRE-VFA-HRE route. An alternative, of course, is to introduce a 100 seater Embraer to the Zimbabwe operation. Does anyone know if that is planned, and if so how soon?