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Fly540 Update

8 Nov 2007 10:20

Lonrho PLC08 November 2007 8th November 2007 LONRHO PLC (Lonrho or the 'Company') Lonrho's Fly540 African airline to commence flights to Uganda and Tanzania in early 2008 Lonrho (AIM: LONR), the expanding conglomerate with a structured portfolio ofAfrican investments, is pleased to announce that it's Fly540 subsidiary will becommencing commercial flights to Tanzania and Uganda in early 2008. Additionally Fly540 has also been awarded a three year Air Services Licence ("ASL") from the Kenya Civil Aviation Authority to service the global freightmarket. The Fly540 airline model is to create a mixed fleet of jet and turbo propaircraft that provide East to West and North to South pan African transportroutes. The Company deploys modern aircraft, operated to internationalstandards. David Lenigas, Lonrho's Executive Chairman commented: "The ability to transport freight within and from Africa to the world is a greatstep forward and adds another dimension to Fly540 and its operations. Theexpansion of the Fly540 network to include Uganda and Tanzania as new passengerdestinations underlines Lonrho's commitment to develop a quality pan Africancarrier that provides international standard, safe, flights throughout Africa." ENQUIRIES Lonrho Plc +44 (0)20 7016 5105David Lenigas, Executive Chairman +44 (0)7881 825 378Geoffrey White, Chief Executive Officer +44 (0)7717 307 308Emma Priestley, Executive Director +44 (0)7867 785 177 Pelham PRCharles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297903James MacFarlane +44 (0) 20 7743 6375 +44 (0) 7841 672831 Collins Stewart EuropeHugh Field +44 (0) 20 7523 8350Jonny Sloan NOTES TO EDITORS About LONRHO: Lonrho Plc is an expanding conglomerate that is rapidly growing a successfulbusiness throughout Africa. The Company is listed on the London AIM stockexchange (LONR). Lonrho is strategically focused on the development of businessopportunities in infrastructure, transportation, support services and naturalresources. The Company has over 20,000 shareholders and substantialinstitutional backing to support its mandate to build a profitable business thatplays a fundamental role in the development of the African economy. Since 2006, the Company has invested in or acquired control of: β€’ Hotel Cardoso - www.hotelcardoso.co.mz (retained)β€’ Lonrho Mining - www.lonrhomining.comβ€’ Luba Freeport - www.lubafreeport.comβ€’ Fly540 - www.fly540.comβ€’ Norse Air - www.norseair.co.zaβ€’ Swissta Holdings - www.swissta.comβ€’ SA Independent Liner Servicesβ€’ Bytes and Piecesβ€’ Celsys Limited - www.celsys.co.zw This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
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