Operational update

RNS Number : 1342V
Fastjet PLC
14 April 2016
 

fastjet Plc

("fastjet" or the "Company")

14 April 2016

 

Operational Update

 

fastjet (AIM: FJET), today provides an update on its application for a Zambian Air Operator Certificate ("AOC").

 

Further to the trading and operational update in March 2016, and as part of the Company's rationalisation of its routes to match current demand with capacity, fastjet has decided to delay its application for a Zambian AOC, to Q4 2016 pending further review of the network.

 

fastjet Tanzania will continue to operate international services three times a week between Dar es Salaam and Lusaka on the circular route Dar es Salaam/Lusaka/Harare/Dar es Salaam.

 

 

ENDS

 

For more information, contact:

 

fastjet Plc

Tel: +44 (0) 20 3651 6307

Colin Child, Executive Chairman

Lisa Mitchell, Chief Financial Officer

 

 

 

UK media - Citigate Dewe Rogerson

Tel: +44 (0) 20 7638 9571

Angharad Couch

 

Eleni Menikou

 

Nick Hayns

 

 

 

South African media - Tribeca Public Relations

Tel: +27 (0) 11 208 5500

Cian Mac Eochaidh

 

Kelly Webster

 

 

 

For investor enquiries please contact:

 

 

Liberum Capital Limited - Nominated Adviser and Joint Broker

Tel: +44 (0) 20 3100 2222

Clayton Bush


Christopher Britton

 

 

 

W.H. Ireland Ltd.- Joint Broker

 Tel: +44 (0) 20 7220 1666

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. 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 with a long-term strategy to become the continent's first low-cost, pan-Africa airline.

 

The results of the first quarter 2016 customer satisfaction surveys showed that an average of 73% 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 Africa's Leading Low-Cost Airline 2016 at the 23rd World Travel Awards, 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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAKLDFLSKEFF

Companies

Fastjet PLC (FJET)
UK 100

Latest directors dealings