fastjet Passenger Statistics for September 2014

RNS Number : 6254T

Fastjet PLC

07 October 2014

 



fastjet plc

("fastjet" or the "Company")

7th October 2014

                                                               fastjet Passenger Statistics for September 2014

Passenger numbers hit a new record for September 2014

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

fastjet operations in Tanzania carried a total of 57,756 passengers and achieved a load factor of 74%.  Compared with the same month last year, this represents a 79% increase in the number of passengers carried.

Punctuality for the month remained excellent, with 88% 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 September compared to August, a peak travel month.  Our capacity will continue to grow during October with increased frequency on the Entebbe and Kilimanjaro routes and we expect to see an increase in average utilisation per aircraft to 10.2 hours, closer to our target of 11.7 hours."

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Month ending                                   September 2014               September 2013               Change

Passengers ^{Note 1}                               57,756                                   32,322                                   79%

Load Factor ^{Note 2}                                               74%                                        76%                                        -2pp

Rolling 12 months ending            September 2014               September 2013               Change

Passengers ^{Note 1}                               513,345                                 287,378                                 79%

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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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