fastjet Passenger Statistics for October 2014

RNS Number : 1619W

Fastjet PLC

05 November 2014

 

fastjet plc

("fastjet" or the "Company")

5th November 2014

fastjet Passenger Statistics for October 2014

October 2014

fastjet plc is pleased to announce its passenger statistics for the month of October 2014. 

fastjet operations in Tanzania carried a total of 59,830 passengers and achieved a load factor of 74%.  Compared with the same month last year, this represents a 77% increase in the number of passengers carried.

Punctuality for the month remained excellent, with 95% of flights arriving on time ^{Note 3}.

Ed Winter, Interim Chairman and Chief Executive Officer of fastjet plc, said:

"I am delighted to see such strong total passenger numbers and high load factor for what is traditionally a low travel month.  Passenger numbers grew month on month as we added additional flights to Entebbe and recorded strong passenger increases on our flights to Harare."

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Month ending                                   October 2014                     October 2013                     Change

Passengers ^{Note 1}                                59,830                                   33,757                                   77%

Load Factor ^{Note 2}                               74%                                        70%                                        +4pp

Rolling 12 months ending            October 2014                     October 2013                     Change

Passengers ^{Note 1}                               539,205                                 326,135                                 65%

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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

UK media - Citigate Dewe Rogerson    Tel: [phone]

Angharad Couch

Eleni Menikou

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.  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 the  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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