Sign In
7 Feb 2013 11:34
7 February 2013
fastjet plc
("fastjet" or the "Company")
Brand Licence
In response to recent misleading press reports, David Lenigas, Chairman of fastjet plc and Chairman of Five Forty Aviation Limited (Kenya) ("Fly540 Kenya"), confirms that fastjet is the sole owner of the 540 brand (including fly540 Kenya) which it acquired through its acquisition of Lonrho Aviation in July 2012. Lonrho Aviation has held the sole and exclusive rights to the Fly540 Brand for a number of years, furthermore Fly540 Kenya have not been authorised to sub-licence the brand.
Statements made by Don Smith from Kenya, a director of Fly540 Kenya, suggesting he has the right to withdraw the Brand are absolutely wrong and without foundation. The Board of Directors of Fly540 Kenya has never met to even consider this issue and this has been confirmed by other directors.
fastjet wishes to advise the media and our passengers who fly with us throughout Africa in either a fastjet plane, Fly540 plane or Fly540 Africa plane, that we are looking forward to expanding our Low Cost Airline throughout the African Continent.
For media enquiries please contact:
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571
Angharad Couch
Patrick Donovan
Chris Barrie
Eleni Menikou
Africa Media - Africa Practice Tel: +254 (0) 20 239 6899
Natalie Maule
Anna Riley
Joan Kiambat
Meg Muigai
Evelyn Njoroge
For investor enquiries please contact:
W.H. Ireland Ltd. Tel: +44 (0) 20 7220 1666
James Joyce
Nick Field
NOTES TO EDITORS
About fastjet plc
fastjet plc is quoted on the London Stock Exchange's AIM market. For more information see www.fastjet.com
Follow the stocks
