fastjet takes off in Kenya - 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:

fastjet Plc

Tel: +44 (0) 20 3651 6307

Colin Child, Executive Chairman

Lisa Mitchell, Chief Financial Officer

 

UK media - Citigate Dewe Rogerson

Tel: +44 (0) 20 7638 9571

Angharad Couch

 

Eleni Menikou

 

Nick Hayns

 

South African media - Tribeca Public Relations

Tel: +27 (0) 11 208 5500

Cian Mac Eochaidh

 

Kelly Webster

 

For investor enquiries please contact:

 

Liberum Capital Limited - Nominated Adviser and Joint Broker

Tel: +44 (0) 20 3100 2222              

Clayton Bush

 

Christopher Britton

 

W.H. Ireland Ltd.- Joint Broker

 Tel: +44 (0) 20 7220 1666

James Joyce

 

Mark Leonard

 

W.H. Ireland Ltd.– Joint Broker 

Tel: +44 (0) 20 7220 1666
 

James Joyce 

 

Mark Leonard 

 

Sanlam Securities UK Limited – Joint Broker 

Tel: +44 (0) 20 7628 2200

Simon Clements 

 

 


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

Posted on 12th January 2016