11 Jun 2013 07:00
fastjet plc
("fastjet" or the "Company")
11th June 2013
FastJet Passenger Statistics for May 2013
Ed Winter, Chief Executive Officer of fastjet, said: "As reported earlier this month, we have seen real growth in passenger sales revenue in Tanzania. fastjet Tanzania has taken in excess of $1.8 million revenues for the month, up approximately 50 per cent compared with the start of the year. Revenue per passenger has also increased by 62 per cent since the beginning of 2013.
On top of this, our sustained growth in both Angola and Ghana is particularly pleasing. Ghana continues to grow revenues (up 25 per cent year on year) and our Angolan operation has reported a 63 per cent increase in passenger numbers in the last five months.
Since the start of the year, we have grown the business substantially in the face of considerable challenges. Our prospects in each of our operations look very positive and our aim to become Africa's first low-cost carrier is well on its way to becoming a reality.
Operational performance for the month, a key fastjet differentiator, remains excellent with a May achievement of 95 per cent of flights arriving within 15 minutes of schedule and no cancellations."
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All Operations Note 1
Month ending May 2013 May 2012 Change
Passengers Note 2 81,303 52,676 54.3%
Rolling 12 months ending May 2013 May 2012 Change
Passengers Note 2 837,303 570,966 46.7%
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fastjet Operations Note 4
Month ending May 2013 May 2012 Change
Passengers Note 2 24,315 0 N/A
Load Factor Note 3 68% 0 N/A
Rolling 12 months ending May 2013 May 2012 Change
Passengers Note 2 168,523 0 N/A
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Notes:
1. "All Operations" includes statistics for fastjet Tanzania, Fly540 Kenya, Fly 540 Ghana and Fly540 Angola.
2. "Passengers" for 540 operationsare flown passengers and for fastjet operations are sold seats flown, in both cases excluding infants. Fastjet bookings are generally non refundable whereas 540 bookings are in some circumstances refundable.
3. "Load Factor" is the number of 'passengers" as a percentage of the number of available seats flown.
4. "fastjet Operations" includes only statistics for Fastjet Tanzania operations which commenced on 29th November 2012
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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