Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFJET.L Regulatory 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

Commences flights on first international route

18 Oct 2013 08:03

RNS Number : 8358Q
Fastjet PLC
18 October 2013
 



 

fastjet plc

("fastjet" or the "Company")

18 October 2013

 

 

fastjet commences flights on first international route

 

First journey between Tanzania and South Africa takes off today

 

fastjet, Africa's first low cost airline, has today commenced international flight operations. The airline's first international flight has departed on time from Dar es Salaam's Julius Nyerere International Airport in Tanzania for Johannesburg's O.R. Tambo International Airport in South Africa.

 

Flights between the two cities will initially be operated by fastjet three times a week on Mondays, Wednesdays and Fridays, increasing in frequency as soon as consumer demand dictates.

 

Tickets on the fastjet flights between the two cities are priced from US$100 one way, excluding all airport and government taxes. This is a substantial reduction to the prices being charged by South African Airways.

 

 Ed Winter, CEO of fastjet, said:

 

"We are delighted to be announcing the successful launch of our first international route and, a milestone for fastjet. In line with our planned strategic development we have made a significant step towards becoming a true Pan African airline.

 

"We are proud to be offering our passengers a new, smart choice on how to travel between these two great cities. For many years, the Dar es Salaam to Johannesburg route has been operated by just one airline, and the lack of competition has led to inflated fares. It can cost almost the same for the 11 hour flight between Johannesburg and London as it does for a 3½ hour flight from Johannesburg to Dar Es Salaam, which just doesn't make sense.

 

"fastjet will substantially reduce the route's average fare and in doing so will make it possible for more people to afford to fly between Tanzania and South Africa, whether they are travelling on business or for pleasure"

 

 

-ends-

 

For media enquiries please contact:

UK media - Citigate Dewe Rogerson Tel: +44 20 7638 9571

Eleni Menikou

Toby Moore

South Africa media - Tribeca Public Relations Tel: +27 11 208 5521

Cian Mac Eochaidh

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 the holding company for African airlines fastjet Tanzania and Fly540, which operate in Tanzania, Kenya, Ghana and Angola. Flights under the fastjet brand commenced in Tanzania in November 2012. The airline has introduced Airbus A319s into its fleet. By adhering to international standards of safety, quality, security and reliability, fastjet has brought a new flying experience to the African market at unprecedented low prices. fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline.

The results of a recent customer satisfaction survey showed that 100% of customers were likely to recommend fastjet to a friend. In developing its strong brand and identity, fastjet has won and been nominated for a number of awards, including winning three Transform awards for the rebrand and launch of fastjet and the award for "Brand Strategy of the Year" at the recent Drum Marketing Awards in London.

 fastjet plc is quoted on the London Stock Exchange's AIM market.

For more information see www.fastjet.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAFMMMGVRDGFZG
Date   Source Headline
31st May 20136:14 pmRNSResults for 18 month period to 31 December 2012
30th May 20137:00 amRNSExercise of Warrants
23rd May 20137:00 amRNSIssue of Equity
16th May 20137:00 amRNSSummer Programme; Update on Routes & South Africa
16th May 20137:00 amRNSFastJet Passenger Statistics for April 2013
7th May 20137:00 amRNSfastjet Update on South African Launch
3rd May 201310:44 amRNSClarification re Issue of Equity
2nd May 201312:18 pmRNSIssue of Equity
1st May 20134:40 pmRNSNotice of Results
30th Apr 20135:27 pmRNSHolding(s) in Company
26th Apr 20134:28 pmRNSCompletion of Placing
26th Apr 20137:00 amRNSfastjet Update on South Africa Launch
24th Apr 20137:00 amRNSPartnership to enter South Africa and Placing
23rd Apr 20137:00 amRNSfastjet and Don Smith sign MoU to resolve dispute
19th Apr 20132:48 pmRNSHolding(s) in Company
16th Apr 20137:00 amRNSfastjet Passenger Statistics for March 2013
15th Apr 20139:27 amRNSfastjet customer satisfaction high
3rd Apr 20133:19 pmRNSTotal Voting Rights
28th Mar 20137:02 amRNSTrading Statement
26th Mar 20137:00 amRNS100,000+ passenger milestone; credit card bookings
18th Mar 20137:00 amRNSFiles Letter of Intent With 1 Time Liquidator
14th Mar 20134:18 pmRNSIssue of Equity & Convertible Security
8th Mar 20131:13 pmRNSUpdate on 1time negotiations
8th Mar 20137:00 amRNSfastjet secures £15.68 million convertible
7th Mar 20137:00 amRNSSeeks UK High Court Ruling on Fly540 Kenya Control
6th Mar 20137:00 amRNSFastJet Passenger Statistics for February 2013
28th Feb 20135:03 pmRNSTotal Voting Rights
21st Feb 201312:37 pmRNSHolding(s) in Company
21st Feb 201311:50 amRNSHolding(s) in Company
15th Feb 20134:59 pmRNSCompletion of Placing and Exercise of Warrants
11th Feb 20134:52 pmRNS£4 million Funding
8th Feb 20139:30 amRNSfastjet Passenger Statistics for January 2013
7th Feb 201311:34 amRNSBrand Licence
6th Feb 201312:50 pmRNSSupport from Tanzanian Government
6th Feb 20137:02 amRNSPress Speculation
31st Jan 20135:00 pmRNSTotal Voting Rights
29th Jan 20132:40 pmRNSIssue of Equity to raise £500,000
28th Jan 201311:11 amRNSMOU with Kenyan Airline & Press Speculation
22nd Jan 20137:00 amRNSIssue of Equity to Raise £500,000
17th Jan 20137:27 amRNSLaunch of mobile payments, update on new routes
16th Jan 201312:01 pmRNSHolding(s) in Company
9th Jan 20137:05 amRNSFastJet Passenger Statistics for December 2012
9th Jan 20137:00 amRNSIssue of Equity
19th Dec 20127:00 amRNSOption to buy South African low cost airline 1time
14th Dec 20123:46 pmRNSTotal Voting Rights and Interest in Shares
13th Dec 20124:26 pmRNSIssue of Equity
11th Dec 20127:00 amRNSFastJet Passenger Statistics for November 2012
10th Dec 20123:39 pmRNSNew Finance Director and Director Change
6th Dec 20127:00 amRNSFirst week of operations and £2.5 million funding
5th Dec 20127:41 amRNSPotential partnership talks with Emirates

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.