7 Oct 2014 09:00
fastjet plc
("fastjet" or the "Company")
7th October 2014
fastjet Passenger Statistics for September 2014
Passenger numbers hit a new record for September 2014
fastjet plc is pleased to announce its passenger statistics for the month of September 2014.
fastjet operations in Tanzania carried a total of 57,756 passengers and achieved a load factor of 74%. Compared with the same month last year, this represents a 79% increase in the number of passengers carried.
Punctuality for the month remained excellent, with 88% of flights arriving on time (Note 3).
Ed Winter, Interim Chairman and Chief Executive Officer of fastjet plc, said:
"I am delighted to see such strong total passenger numbers and high load factor for September compared to August, a peak travel month. Our capacity will continue to grow during October with increased frequency on the Entebbe and Kilimanjaro routes and we expect to see an increase in average utilisation per aircraft to 10.2 hours, closer to our target of 11.7 hours."
_________________________________________________________________________
Month ending September 2014 September 2013 Change
Passengers Note 1 57,756 32,322 79%
Load Factor Note 2 74% 76% -2pp
Rolling 12 months ending September 2014 September 2013 Change
Passengers Note 1 513,345 287,378 79%
_______________________________________________________________________________
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
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571
Angharad Couch
Eleni Menikou
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. Tel: +44 (0) 20 7220 1666
James Joyce
Mark Leonard
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. 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 and the award for "Brand Strategy of the Year" at the Drum Marketing Awards in London.
fastjet plc is quoted on the London Stock Exchange's AIM market.
For more information see www.fastjet.com