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FastJet Passenger Statistics for May 2013

11 Jun 2013 07:00

RNS Number : 7235G
Fastjet PLC
11 June 2013
 



 

 

 

 

 

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."

  

______________________________________________________________________________

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%

_______________________________________________________________________________

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

_______________________________________________________________________________

 

 

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

 

For media enquiries please contact:

 

UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571

 

Angharad Couch

Patrick Donovan

Chris Barrie

Eleni Menikou

 

 

Africa Media - Africa Practice Tel: +254 (0) 20 239 6899

 

Natalie Maule

Anna Riley

Joan Kiambati

Meg Muigai

Evelyn Njoroge

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 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
 
 
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