Announcement
Fastjet PLC : fastjet takes off in Kenya
RNS Number : 5073L
Fastjet PLC
12 January 2016
fastjet Plc
("fastjet" or the "Company")
12 January 2016
fastjet takes off in Kenya
fastjet (AIM: FJET), Africa's low-cost airline, operated its first flights to Kenya on 11 January 2016, with planes taking off from Dar es Salaam and Kilimanjaro in Tanzania bound for Nairobi's Jomo Kenyatta International Airport.
Flights are set to operate daily, with one way fares starting from as low as at USD80 and USD50 respectively, plus tax.
fastjet Tanzania was given clearance by the Kenyan government as announced on 23 December 2015 to operate flights between Kenya and Tanzania under the Bilateral Air Services Agreement between the two countries, as previously approved by the Tanzanian Government.
Commenting, Ed Winter, Chief Executive Officer of fastjet plc, said: "These inaugural flights are an important milestone in fastjet's development and mark a significant achievement for the Company. We have been working towards the launch of these routes for some time and are excited to be bringing our proven low-cost model to a new destination.
"As has been the case when we have previously launched new routes, we expect to stimulate the market as passengers embrace our great value, safety and reliability. Until now, flights between these destinations have been prohibitively expensive for a great number of people; we look forward to bringing the benefits of low-cost air travel to them."
For more information, contact:
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fastjet Plc |
Tel: +44 (0) 20 3651 6307 |
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Ed Winter, CEO |
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Rose Herbert, Investor Relations Manager |
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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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Eleni Menikou |
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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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Liberum Capital Limited - Nominated Adviser and Joint Broker |
Tel: +44 (0) 20 3100 2222 |
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Clayton Bush |
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Christopher Britton |
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W.H. Ireland Ltd.- Joint Broker |
Tel: +44 (0) 20 7220 1666 |
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James Joyce |
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Mark Leonard |
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Sanlam Securities UK Limited - Joint Broker |
Tel: +44 (0) 20 7628 2200 |
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Simon Clements |
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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. fastjet Zimbabwe was successfully launched in October 2015. 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 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, 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
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