Update on first international route - 26 September 2013

fastjet plc

("fastjet" or the "Company")

26 September 2013

Update on first international route

fastjet, Africa's low cost airline, announces that its first international flight between Dar es Salaam and Johannesburg, previously scheduled to take place on Friday 27 September 2013, has been temporarily postponed.

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.

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 delayed launch of this route is not expected to have any material effect on the financial performance of fastjet Tanzania.

Commenting on the news, 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.

"Having complied with all the requests made of us and secured all the necessary licenses and permits in an extremely diligent and timely fashion, fastjet was led to believe that we were fully on-track to launch this route on the 27th September.

"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."

Launching flights on this route remains a key priority, and fastjet is confident it will be operating this service by mid-October, starting a new era of choice for passengers who continue to suffer inflated prices on flights between two of Africa's largest and fastest growing cities


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Posted on 26th September 2013