Fastjet PLC fastjet launches new route to Malawi (5729R)
June 30 2015 - 2:00AM
UK Regulatory
TIDMFJET
RNS Number : 5729R
Fastjet PLC
30 June 2015
fastjet Plc
(fastjet or the Company)
fastjet launches new route to Malawi
30 June 2015
fastjet, Africa's low-cost airline, is pleased to announce it
has been granted a Foreign Operators Permit from the Malawian
authorities to commence flights between Dar es Salaam in Tanzania
and Lilongwe, capital of Malawi. The new route will be put on sale
from today and operations commence in July.
Initially operating twice weekly on Mondays and Fridays, fastjet
is confident that, in line with its other routes, it will grow in
frequency quickly.
fastjet's lowest fare will be $50 plus government taxes.
The new route is fastjet's sixth international destination in
Africa.
Commenting on the launch, fastjet CEO Ed Winter said: "Whilst we
are directing much of our efforts to prepare for the planned launch
of the fastjet Zimbabwe and fastjet Zambia airlines, we continue to
work hard on growing our Tanzanian network. This significant step
links two thriving commercial centres and provides the population
of both countries with an affordable and reliable air services. Our
lowest international fare of $50, available to early bookers, is
expected to l ensure strong demand.
The recent growth of Tanzanian domestic operations and this new
route will increase our aircraft utilisation and further support
the business case for an additional aircraft in the Tanzanian
fleet."
For more information, contact:
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571
Angharad Couch
Toby Moore
Nick Hayns
South African media - Tribeca Public Tel: +27 (0) 11 208 5500
Relations
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:
W.H. Ireland Ltd.- Nominated Adviser Tel: +44 (0) 20 7220 1666
and Joint Broker
James Joyce
Mark Leonard
Liberum Capital Limited - Joint Broker Tel: +44 (0) 20 3100 2222
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 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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