Passenger statistics for August 2015

RNS Number : 3383Y

Fastjet PLC

08 September 2015

 

fastjet Plc

("fastjet" or the "Company")

8 September 2015

fastjet Passenger Statistics for August 2015

Record passenger numbers in August

fastjet operations in Tanzania have reported a record number of passengers in August 2015, carrying a total of 76,741 passengers during the month. The load factor for August was 75%.

The increase in passengers is in part due to the new routes to Malawi introduced in July 2015 and to increased frequency on some existing routes.

Punctuality for August remained strong, with 88% of flights arriving on time ^{Note 3}. This was lower than last month, mainly due to unexpected airfield closures in Dar es Salaam for military training.

Ed Winter, Chief Executive Officer of fastjet, said: "We are delighted to report record monthly passenger numbers for the second consecutive month, further affirming the growing appetite for low-cost aviation across southern and eastern Africa. August is traditionally a strong month but with a capacity increase of 23% versus August 2014, we are delighted to maintain such strong demand."

Month ending	August 2015	August 2014	Change
Passengers Note 1	76,741	65,496	17.2%
Load Factor Note 2	75%	79%	-3pp
Rolling 12 months ending	August 2015	August 2014	Change
Passengers Note 1	759,254	487,745	55.7%

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:
Liberum Capital Limited - Nominated Adviser and Joint Broker	Tel:  [phone]
Clayton Bush
Christopher Britton
W.H. Ireland Ltd.- Joint Broker	Tel: [phone]
James Joyce
Mark Leonard
Sanlam Securities UK Limited - Joint Broker	Tel:  [phone]
Simon Clements/Ken Williams

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. 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. Utilising its fleet of Airbus A319s, 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, the award for "Brand Strategy of the Year" at 2014's Drum Marketing Awards in London, and the Transport Innovator Award at the 8th Transport Africa Awards 2015 in Johannesburg.

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

For more information see www.fastjet.com

 

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