fastjet Passenger Statistics for March 2015

RNS Number : 6488J

Fastjet PLC

09 April 2015

 



fastjet plc

("fastjet" or the "Company")

9th April 2015

fastjet Passenger Statistics for March 2015

fastjet plc is pleased to announce its passenger statistics for the month of March 2015.

fastjet operations in Tanzania carried a total of 56,808  passengers and achieved a load factor of 70%.  This represents an increase of 66% in the number of passengers carried and a 3% increase in the load factor, compared with the same month last year.

Punctuality for the month remained excellent, with 91% of flights arriving on time ^{Note 3}. This was despite increased aircraft utilisation with additional flights added to the network.

Ed Winter, Chief Executive Officer of fastjet plc, said:

"I am delighted to see our passenger numbers continue to rise year on year by 66%. This clearly demonstrates the growth that fastjet has achieved as our low-cost model continues to stimulate the Tanzanian air travel market.

I am also pleased with the continued growth of our network and aircraft utilisation with the launch of two new routes in March. Linking Kilimanjaro and Mwanza provides a reliable and affordable service for these commercially important areas, whilst serving Entebbe from Kilimanjaro provides direct tourist and business opportunities between Tanzania and Uganda."

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Month ending                                  March 2015                        March 2014                        Change

Passengers ^{Note 1}                                 56,808                                  34,266                                  66%

Load Factor ^{Note 2}                                 70%                                       67%                                       +3pp

Rolling 12 months ending          March 2015                        March 2014                        Change

Passengers ^{Note 1}                                 661,909                                385,532                                72%

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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 (excludes cancelled flights)

UK media - Citigate Dewe Rogerson    Tel: [phone]

Angharad Couch

Toby Moore

Nick Hayns

South African media - Tribeca Public Relations   Tel: [phone]

Cian Mac Eochaidh

Kelly Webster

For investor enquiries please contact:

W.H. Ireland Ltd.      Tel: [phone]

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.  fastjet plc is also the holding company of Fly540 Ghana and Angola where operations are currently suspended .

The results of a recent 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 2014's Drum Marketing Awards in London.

fastjet plc is quoted on the London Stock Exchange's AIM market.

For more information see www.fastjet.com

 

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