10 Jul 2015 07:00
fastjet Plc
("fastjet" or the "Company")
10 July 2015
fastjet Passenger Statistics for June 2015
Number of passengers carried up 23% year-on-year
fastjet operations in Tanzania carried a total of 65,216 passengers in June 2015, with a load factor of 69%. Compared with the same month of 2014, the number of passengers carried increased by 23%.
Punctuality for June remained excellent, with 95% of flights arriving on time Note 3.
Ed Winter, Chief Executive Officer of fastjet plc, said: "I am delighted to report another month of strong year on year growth in numbers of passengers carried. This is particularly pleasing given the fact that June incorporated Ramadan, a period that reduces demand considerably. During the month we also introduced a new route linking Dar es Salaam, Tanzania with Lilongwe, Malawi and early sales are encouraging.
"As our fleet utilisation continues to improve I am also pleased to report our expansion plans are on track, with our fourth A319 aircraft shortly being flown to Harare in preparation for the planned launch of fastjet Zimbabwe services. We have also signed a Letter of Intent for our fifth A319 aircraft which, following painting and interior modifications, is due to be added to the fastjet Tanzania fleet for further expansion of that network."
Month ending | June 2015 | June 2014 | Change |
Passengers Note 1 | 65,216 | 53,232 | 23% |
Load Factor Note 2 | 69% | 79% | -10pp |
Rolling 12 months ending | June 2015 | June 2014 | Change |
Passengers Note 1 | 732,695 | 433,755 | 69% |
Notes:
1. "Passengers" are sold seats flown, excluding infants. fastjet bookings are generally non-refundable.
2. "Load Factor" is the number of "passengers" as a percentage of the number of available seats flown.
3. "on time" - arrival earlier than or within 15 minutes of schedule (excludes cancelled flights).
For more information, contact:
UK media - Citigate Dewe Rogerson | Tel: +44 (0) 20 7638 9571 |
Angharad Couch | |
Toby Moore | |
Nick Hayns | |
South African media - Tribeca Public Relations | Tel: +27 (0) 11 208 5500 |
Cian Mac Eochaidh | |
Kelly Webster | |
For investor enquiries please contact: | |
W.H. Ireland Ltd.- Nominated Adviser and Joint Broker | Tel: +44 (0) 20 7220 1666 |
James Joyce | |
Mark Leonard | |
Liberum Capital Limited - Joint Broker | Tel: +44 (0) 20 3100 2222 |
Clayton Bush | |
Christopher Britton |
NOTES TO EDITORS
About fastjet Plc
fastjet Plc is the holding company of the low cost airline fastjet which commenced flights under the fastjet brand in Tanzania in November 2012. The airline 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. fastjet Plc is also the holding company of Fly540 Angola where operations are currently suspended.
The results of a 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, the award for "Brand Strategy of the Year" at 2014's Drum Marketing Awards in London, and the Transport Innovator Award at the 8th Transport Africa Awards 2015 in Johannesburg.
fastjet Plc is quoted on the London Stock Exchange's AIM market.
For more information see www.fastjet.com