Potential partnership talks with Emirates

RNS Number : 7693S

Fastjet PLC

05 December 2012

 



5 December 2012

fastjet plc

("fastjet" or the "Company")

fastjet confirms it is in potential partnership talks with Emirates

Following media comments and speculation in the past few days, Fastjet plc, Africa's low-cost airline, can confirm it is in talks with Emirates, the world's largest airline by international traffic, to potentially create a partnership.

Jean-Luc Grillet, Emirates senior vice president in charge of commercial operations for Africa, has been quoted in a recent declaration as saying: "We are willing to work with fastjet. It is an independent carrier and that makes our work easy."

Commenting on the talks, fastjet Chief Executive Officer Ed Winter said: "Talks are at an early stage but this represents a great opportunity for both parties."

"Emirates currently flies to 24 destinations in Africa while fastjet launched its operations in Tanzania last month and plans to become a pan African carrier. A partnership would benefit both fastjet and Emirates with greater passenger traffic and would give travellers in Africa the opportunity to connect to the rest of the world through Emirates' Dubai hub with fastjet providing passengers from African cities."

For media enquiries please contact:

UK media - Citigate Dewe Rogerson                                                                         Tel: [phone]

Angharad Couch

Patrick Donovan

Chris Barrie

Eleni Menikou

Africa Media - Africa Practice                                                                                        Tel: [phone]

Natalie Maule

Anna Riley

Joan Kiambati

Meg Muigai

Evelyn Njoroge

For investor enquiries please contact:

W.H. Ireland Ltd.                                                                                                        Tel: [phone]

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

 

END

 

 

MSCBKPDNOBDKFBK