TIDMFJET
RNS Number : 6909V
Fastjet PLC
17 December 2013
fastjet plc
("fastjet" or the "Company")
17 December 2013
fastJet Passenger Statistics for November 2013
fastjet Plc is pleased to announce its passenger statistics for
the month of November 2013. fastjet operations in Tanzania carried
a total of 33,301 passengers achieving an average load factor of 72
per cent. Capacity decreased slightly from October 2013 due to
temporary night-landing restrictions at Mwanza airport.
Punctuality remained excellent with 98 per cent of flights
operating on time (Note 5) .
Ed Winter, interim Chairman and Chief Executive Officer of
fastjet, said: "We are very pleased to have achieved an average
load factor of 72 per cent across the network in November, a
traditionally weak month with travel down ahead of the festive
season.
"Our newly-launched Dar es Salaam - Mbeya route continues to
prove extremely popular to the point that we have increased
frequency to a flight every day from 16th December. Additionally,
flights are now on sale for our second international route, Dar es
Salaam to Lusaka, which is planned to launch on 1(st) February
2014. This route will link two strong commercial hubs - indeed, the
port in Dar es Salaam is Zambia's closest sea port.
"On 29th November we celebrated the first anniversary of our
inaugural flight. Over the past 12 months we have established a
reputation for reliability and punctuality unprecedented in African
aviation, giving our customers the confidence to plan ahead and
book seats early. Our brand is now one of the best known in
Tanzania and is becoming increasingly recognised throughout Africa.
Our customers rate all aspects of our service as excellent and on
Facebook we are the most "liked" airline in Africa. Most
importantly, we believe we have stimulated demand by making
air-travel accessible to more people with many of our customers
being first-time flyers.
"To date, we have carried over 350,000 passengers with an
average load factor of 73% on each flight and 11% of our customers
paying only $20 plus tax for their flight. As we enter our second
year of operation, I believe we have now laid firm foundations for
our expansion towards becoming a truly pan-African low-cost
airline."
Richard Bodin, Chief Commercial Officer, commented:
"We are delighted so far with our sales for the important
Christmas period. Whilst it's still early days, indications are
that December bookings and revenues will be strong. We have already
seen flights filling up quickly and we are recording historically
high yields. We are also seeing increases in ancillary revenue
sales.
"Additionally, our anniversary sales event last month proved
successful. Focusing on selling seats in the traditionally weak
post-Christmas period, we recorded our best ever sales day, selling
more seats in 24 hours than ever before whilst achieving a better
than expected yield."
______________________________________________________________________________
All Operations (Note 1)
Month ending Nov 2013 Nov 2012 Change
Passengers (Note 2) 84,727 65,630 29.1%
Rolling 12 months ending Nov 2013 Nov 2012 Change
Passengers (Note 2) 986,423 660,808 49.3%
_______________________________________________________________________________
fastjet Operations (Note 4)
Month ending Nov 2013 Nov 2012 Change
Passengers (Note 2) 33,301 1,853 N/A
Load Factor (Note 3) 72% 80% N/A
Rolling 12 months ending Nov 2013 Nov 2012 Change
Passengers (Note 2) 357,580 1,853 N/A
_______________________________________________________________________________
Notes:
1. "All Operations" includes statistics for fastjet Tanzania,
Fly540 Kenya, Fly 540 Ghana and Fly540 Angola.
2. "Passengers" for 540 operations are flown passengers and for
fastjet operationsare 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
5. "on time" - arrival earlier than or within 15 minutes of
schedule.
For media enquiries please contact:
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571
Toby Moore
Eleni Menikou
South African media - Tribeca Public Relations Tel: +27 (0) 11
208 5500
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:
W.H. Ireland Ltd. Tel: +44 (0) 20 7220 1666
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 and 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 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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