Announcement
fastjet Plc - fastjet launches new route to Malawi
fastjet, Africa's low-cost airline, is pleased to announce it has been granted a Foreign Operators Permit from the Malawian authorities to commence flights between Dar es Salaam in Tanzania and Lilongwe, capital of Malawi. The new route will be put on sale from today and operations commence in July.
Initially operating twice weekly on Mondays and Fridays, fastjet is confident that, in line with its other routes, it will grow in frequency quickly.
fastjet's lowest fare will be $50 plus government taxes.
The new route is fastjet's sixth international destination in Africa.
Commenting on the launch, fastjet CEO Ed Winter said: "Whilst we are directing much of our efforts to prepare for the planned launch of the fastjet Zimbabwe and fastjet Zambia airlines, we continue to work hard on growing our Tanzanian network. This significant step links two thriving commercial centres and provides the population of both countries with an affordable and reliable air services. Our lowest international fare of $50, available to early bookers, is expected to l ensure strong demand.
The recent growth of Tanzanian domestic operations and this new route will increase our aircraft utilisation and further support the business case for an additional aircraft in the Tanzanian fleet."
For more information, contact:
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UK media - Citigate Dewe Rogerson |
Tel: +44 (0) 20 7638 9571 |
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Angharad Couch |
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Toby Moore |
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Nick Hayns |
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South African media - Tribeca Public Relations |
Tel: +27 (0) 11 208 5500 |
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Cian Mac Eochaidh |
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Kelly Webster |
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For investor enquiries please contact: |
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W.H. Ireland Ltd.- Nominated Adviser and Joint Broker |
Tel: +44 (0) 20 7220 1666 |
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James Joyce |
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Mark Leonard |
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Liberum Capital Limited - Joint Broker |
Tel: +44 (0) 20 3100 2222 |
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Clayton Bush |
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Christopher Britton |
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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 and the award for "Brand Strategy of the Year" at 2014's 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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