Posted: March 10, 2015 Filed under: Airline & Route News, UK Aviation News, Uncategorized, World Aviation News | Tags: fastjet, previous month
By Phil Davies | 09 March 2015 at 09.55 GMT
African low-cost carrier Fastjet saw February carryings from its Tanzanian operations rise by 50% to 52,801.
The airline paid 13% less for fuel in February over the previous month, representing a 37% cut compared to February 2014.
Fastjet achieved a load factor of 70% in the month with 96% of flights arriving on time.
Passenger numbers for the year to February were up by 68% to almost 640,000.
Interim chairman and chief executive Ed Winter said: “With a 50% increase in passengers we continue to see great year on year growth achieved by increased utilisation of our aircraft.
“As we approach Easter and peak summer months we will be adding even more capacity on existing routes and expanding our route network.”
Sourced from Travel Weekly
Posted: February 9, 2015 Filed under: Airline & Route News, European Aviation News, UK Aviation News, Uncategorized, World Aviation News | Tags: Budget Airline, fastjet
09 February 2015 at 08.22 GMT
African budget airline Fastjet saw January carryings rise 78% year-on-year to a total of 55,695 passengers.
The load factor rose by nine percentage points to 69% while the on-time performance was 94%.
The airline’s rolling 12 month total of passengers carried to January was up by 68% to 621,656.
Interim chairman and chief executive Ed Winter said: “January is traditionally the month of the year when airlines see the lowest consumer demand.
“We are therefore very pleased with our trading figures as we build upon our market leading position in Tanzania.
“We have clearly demonstrated that our low-cost model is stimulating the market and encouraging more and more people to use our reliable and affordable flights rather than road transport.”
Fastjet launched its spring flying programme last week featuring a the new route between Kilimanjaro and Mwanza.
Sourced from Travel Weekly
Posted: January 12, 2015 Filed under: Airline & Route News, Uncategorized, World Aviation News | Tags: fastjet, profitable trading
12 January 2015 at 08.22 GMT
African low-cost carrier Fastjet posted its first profitable trading month in December as it flew its millionth passenger since starting services in November 2012.
The move into the black came as the airline saw strong demand for its services during the busy holiday season and benefited from low fuel prices.
Yield per passenger rose 20% compared to December 2013 with total revenue for the month up 106 % year on year.
The contribution generated by the airline’s main Tanzanian operations was sufficient to create an underlying operating profit for the month at the group level.
Fastjet operations in Tanzania carried a total of 65,653 passengers, a 75% rise on December 2013, with a load factor up two percentage points to 76% percent.
The fuel price in January will provide a further 13% reduction on December prices. The carrier expects further reductions in February and March as the recent falls in the price of crude oil continue to flow through to African aviation fuel supplies.
“Although fastjet operates fuel-efficient modern Airbus 319 aircraft, fuel represents a very significant percentage of its direct operating costs. As such, the fall in the price of oil delivers a large direct cash benefit to the airline,” the carrier said.
Interim chairman and chief executive Ed Winter said: “The announcement of our first profitable trading month is a great achievement and a huge milestone on the road to becoming the first pan-African low-cost airline.
“We have already proven that the low-cost model works to stimulate traffic and we have now shown that it can create a profitable business.
“The Tanzanian fleet of three aircraft is now producing more than double the monthly revenue compared to a year ago.
“This higher utilisation, combined with higher per passenger revenues and lower fuel prices, has been transformational for the business.”
However, the number of flights operating has been reduced in the first quarter of 2015 to match capacity to expected demand and reduce costs in what is traditionally a relatively low demand flying period.
Sourced from Travel Weekly
Posted: January 10, 2014 Filed under: Airline & Route News | Tags: Agreement, Amadeus, Deal, fastjet, FN, FTZ, GDS, Global Distribution System, Hahn Air Systems, Sabre, Skyscanner, Travelport
Travel agents can now access and sell fastjet flights worldwide due to two new agreements signed by the carrier, writes Vanessa Tracey.
The African airline has made a deal with online comparison website, Skyscanner, allowing customers to compare prices and schedules with other flights.
The second agreement was signed with Hahn Air Systems meaning that flight information will now be available within main Global Distribution Systems (GDS).
These will include Amadeus, Sabre and Travelport and made possible through Hahn Air Systems’ e-alliance product.
Alexanda Proschka, managing director of Hahn Air Systems, said: “fastjet, as one of our first customers in Africa, extends our airline portfolio of e-alliance with pan-African routes and competitive prices for global distribution.
“Hahn Air Systems Is looking forward to fruitful cooperation with fastjet entailing joint sales and growth.”
Over 25 million visitors access Skyscanner every month and consumers will now be able to directly link to fastjet’s website and book flights. It is also anticipated that fastjet’s flights will appear on the GDS within the next month due to the partnership with Hahn Air Systems.
Fastjet’s head of commercial, Ellis Cain-Jones said: “Continuing our success in establishing fastjet as a true low-cost airline, we now want to expand access to our affordable pan-African flights to travel agents worldwide.
“Our new partners will benefit from fastjet’s drive for cost- efficient global distribution in both traditional and digital areas.”
Sourced by TTG Digital
Posted: October 14, 2013 Filed under: Airline & Route News | Tags: DAR, Dar es Salaam, Debut, FAOR, fastjet, FN, FTZ, HTDA, International Route, JNB, Johannesburg, South African Department of Transport, Tanzania
By Phil Davies
African budget carrier Fastjet’s first international route is due to take off this week following a delayed launch.The airline confirmed that the service between Dar es Salaam in Tanzania and Johannesburg in South Africa is due to start on Friday.
The route launch was originally planned for September 27 but was postponed due to “unexpected administrative delays” by authorities in South Africa.
Flights between the two cities will initially run three times a week on Mondays, Wednesdays and Fridays, with frequency to be increased as soon as consumer demand dictates.
Chief executive and interim chairman Ed Winter said: “The South African Department of Transport has completed its review of the additional documents it requested and has issued an updated foreign operator permit.
“Fastjet is delighted that, in line with our expansion strategy, operations can now commence on this route.
“Until now, flying between Dar es Salaam and Johannesburg has been prohibitively expensive for many people. The launch of this service offers a new, affordable and reliable option to both Tanzanians and South Africans.”
Sourced from Travel Weekly
Posted: September 27, 2013 Filed under: Airline & Route News | Tags: fastjet, Fastjet Plc, First, Flight, FN, FTZ, International, Postpones, Sir Stelios Haji-Ioannou, Stelios, Stelios Haji-Ioannou
By Rob Gill,
Fastjet has been forced to postpone its first international service at the last minute due to an “unexpected administrative delay”.
The African no-frills carrier had been scheduled to start its Dar es Salaam-Johannesburg route on Friday (September 27) but it had to be postponed on the eve of the first flight. Fastjet now hopes to commence flights on the route from mid-October.
“This postponement is due to unexpected administrative delays caused by the South African Department of Transport which this week made a very late request for additional documentation,” said Fastjet in a statement.
“Although Fastjet delivered these documents without delay, the South African Department of Transport has said it will take several days to process these documents, thus delaying the start of Fastjet flights on this international route.”
The no-frills airline is currently flying on domestic routes within Tanzania but hopes to eventually become a pan-African carrier. The airline counts Easyjet founder Sir Stelios Haji-Ioannou as one of its minority shareholders.
Fastjet chief executive Ed Winter said: “This postponement is very disappointing. Unfortunately however, administrative delays of this nature are not unusual in the markets in which we operate.
“Fastjet would like to apologise to our customers for the inconvenience. All passengers affected by this delay will receive a full refund and assistance with re-booking a complimentary seat to fly within the next month.”
Sourced by bbt