fastjet Passenger Statistics for June 2015

RNS Number : 7053S

Fastjet PLC

10 July 2015

 

fastjet Plc

("fastjet" or the "Company")

10 July 2015

fastjet Passenger Statistics for June 2015

Number of passengers carried up 23% year-on-year

fastjet operations in Tanzania carried a total of 65,216 passengers in June 2015, with a load factor of 69%.  Compared with the same month of 2014, the number of passengers carried increased by 23%.

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

Ed Winter, Chief Executive Officer of fastjet plc, said: "I am delighted to report another month of strong year on year growth in numbers of passengers carried. This is particularly pleasing given the fact that June incorporated Ramadan, a period that reduces demand considerably. During the month we also introduced a new route linking Dar es Salaam, Tanzania with Lilongwe, Malawi and early sales are encouraging.  

"As our fleet utilisation continues to improve I am also pleased to report our expansion plans are on track, with our fourth A319 aircraft shortly being flown to Harare in preparation for the planned launch of fastjet Zimbabwe services. We have also signed a Letter of Intent for our fifth A319 aircraft which, following painting and interior modifications, is due to be added to the fastjet Tanzania fleet for further expansion of that network."

Month ending	June 2015	June 2014	Change
Passengers Note 1	65,216	53,232	23%
Load Factor Note 2	69%	79%	-10pp
Rolling 12 months ending	June 2015	June 2014	Change
Passengers Note 1	732,695	433,755	69%

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 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, 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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