fastjet Passenger Statistics for May 2015

RNS Number : 5782P

Fastjet PLC

09 June 2015

 

fastjet Plc

("fastjet" or the "Company")

09 June 2015

fastjet Passenger Statistics for May 2015

Number of passengers carried up 52% year-on-year

fastjet operations in Tanzania carried a total of 65,118 passengers in May 2015, with a load factor of 70%.  Compared with the same month of 2014, the number of passengers carried increased by 52%.

Punctuality for May remained excellent, with 94% of flights arriving on time ^{Note 3}.

fastjet has also just released its summer flying programme (end July to mid-September). Additional flights on the busy Dar es Salaam to Mwanza route have been added, as well as an extra weekly flight linking Dar es Salaam with both Lusaka and Harare. This further increases utilisation of the current fleet.

Ed Winter, Chief Executive Officer of fastjet plc, said: "Once again, fastjet Tanzania has achieved considerable passenger growth year-on-year. This is particularly pleasing as we approach the busy summer period during which we have added more capacity on certain routes to meet expected demand.

Preparations for the introduction of our 4^th aircraft are well underway. This aircraft is being painted in our distinctive brand and being reconfigured to join the fastjet fleet.

I can also confirm that discussions are underway with potential suppliers to deliver our 5^th aircraft."    

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Month ending                                    May 2015                        May 2014                    Change

Passengers Note 1                                65,118                           42,977                           52%

Load Factor Note 2                                 70%                               71%                              -1pp

Rolling 12 months ending                 May 2015                       May 2014                    Change

Passengers Note 1                                716,350                         407,908                         76%

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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).

For more information, contact:

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.- Nominated Adviser and Joint Broker	Tel: [phone]
James Joyce
Mark Leonard
Liberum Capital Limited - Joint Broker	Tel:  [phone]
Clayton Bush
Christopher Britton

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 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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