FastJet Passenger Statistics for July 2013

RNS Number : 0066L

Fastjet PLC

06 August 2013

 



 fastjet plc

("fastjet" or the "Company")

5^th August 2013

FastJet Passenger Statistics for July 2013

fastjet, Africa's  low cost airline,  is pleased to announce a 40 per cent increase in overall passenger numbers in July 2013 compared with July 2012. Passengers on the combined Fly540 and fastjet fleets totaled 84,362, surpassing expectations for this time of the year.  In Tanzania, the Company saw a 14 per cent increase in the number of fastjet passengers, compared to the previous month.  

Commenting on the figures, Ed Winter, Chief Executive Officer of fastjet said: 

"As reported in last week's Operational Update, fastjet's passenger numbers continue to grow at an impressive rate. Given the expected reduction in passengers due to Ramadan, we are delighted with 40 per cent growth year on year. 

Particularly pleasing is the load factor* of 79 per cent across our Tanzanian routes . We reintroduced the Kilimanjaro to Zanzibar route in July, expecting a slow buildup in load factor.  We recorded a load factor of 65 per cent on this route which demonstrates the support we have been receiving from Travel Agents and Tour Operators that need a reliable airline to fly tourist passengers from safaris to the stunning beaches of Zanzibar."  

On July 31st, fastjet launched ticket sales for the long-anticipated international route between Dar es Salaam and Johannesburg. Sales at this very early stage are encouraging.

fastjet expects  to announce a number of additional international routes soon.

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All Operations ^{Note 1}

Month ending                                                   July 2013                     July 2012                             Change

Passengers ^{Note 2}                                               84,362                                60,401                             39.7%

Rolling 12 months ending                            July 2013                     July 2012                             Change

Passengers ^{Note 2}                                               886,362                           607,969                             45.8%____________________________________________________________________________

fastjet Operations ^{Note 4}

Month ending                                                   July 2013                     July 2012                             Change

Passengers ^{Note 2}                                               31,277                                   0                                        N/A

Load Factor ^{Note 3}                                               79%                                        0                                       N/A

Rolling 12 months ending                            July 2013              July 2012                                    Change

Passengers ^{Note 2}                                               227,247                                 0                                        N/A

_______________________________________________________________________________

Notes:

1.    "All Operations" includes statistics for fastjet Tanzania, Fly540 Kenya, Fly540 Ghana and Fly540 Angola.

2.    "Passengers" for 540 operationsare flown passengers and for fastjet operations are sold seats flown, in both cases excluding infants.  Fastjet bookings are generally non refundable whereas 540 bookings are in some circumstances refundable.

3.    "Load Factor" is the number of 'passengers" as a percentage of the number of available seats flown. 

4.    "fastjet Operations" includes only statistics for Fastjet Tanzania operations which commenced on 29^th November 2012

For media enquiries please contact:

UK media - Citigate Dewe Rogerson                                                      Tel: [phone]

Toby Moore

Eleni Menikou

South Africamedia - Tribeca Public Relations                                    Tel: [phone]

Cian Mac Eochaidh

For investor enquiries please contact:

W.H. Ireland Ltd.                                                                                            Tel: [phone]

James Joyce

Nick Field

NOTES TO EDITORS

About fastjet plc

fastjet plc is the holding company for African airline Fly540, which operates in Tanzania, Kenya, Ghana and Angola. Flights under the fastjet brand commenced in Tanzania in November 2012. The airline has 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.

In the year to March 2013, fastjet and its subsidiaries carried almost 800,000 passengers, 50% more than a year previously, and 99.2 per cent of its flights left on time with no cancellations. 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 the recent 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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