fastjet and LAM - Mozambique Airlines, S.A. sign Memorandum of Understanding to explore wide-ranging commercial co-operation - 21 March 2018

fastjet Plc 
 
(“fastjet”) (AIM: FJET) 
 
fastjet and LAM - Mozambique Airlines, S.A. sign Memorandum of Understanding to explore wide-ranging commercial co-operation 
 
21 March 2018 

Maputo, Mozambique: fastjet, the low-cost African airline, and LAM - Mozambique Airlines, S.A. (“LAM”) 
announce that they have entered into a Memorandum of Understanding (MoU) to explore long-term 
commercial cooperation.  
 
The MoU was signed yesterday and outlines several areas of cooperation between the airlines which are 
expected to significantly enhance commercial aviation in Mozambique.  The MoU sets out code-share and 
interline agreements between the two carriers, optimised network synergies to accommodate these, and 
details of cooperation on commercial systems, cargo, engineering and maintenance.  
 
“This approach to commercial cooperation is the first of its kind on the African continent,” said fastjet 
Chief Executive Nico Bezuidenhout. “It presents a significant opportunity to stimulate not only commercial 
aviation but also up and downstream economic growth through key initiatives. fastjet is committed to 
exploring and leveraging this agreement to the benefit of the people of Mozambique and both airlines.  
This MoU provides a strong foundation for us to meet the Government of Mozambique’s Whole of State 
Aviation objectives.” 
 
LAM Chief Executive Antonio Pinto commented: “The MoU signed today will not only further strengthen 
Mozambique’s flag carrier as a regional air-services provider but will also contribute significantly to 
initiatives that promote tourism, economic development and trade. 
 
“This is an exciting and industry-leading public-private partnership,” added Mr. Pinto. “It supports 
Mozambique’s greater economic growth objectives through the efficient and affordable movement of 
people and goods, and also supports the longer-term Whole of State Aviation strategy.”  
 
fastjet, which also operates in Tanzania, Zambia, Zimbabwe and South Africa, is the first low-cost carrier 
brand to enter the Mozambique market.   Since fastjet launched its network in Mozambique last 
November, the airline has achieved strong load factors on its initial routes between Maputo and Beira, 
and Nampula and Tete, and an on-time performance record of over 85%.  
 
ENDS 
 
For more information please contact: 
fastjet Plc 
Hein Kaiser 
[email protected]     +27825200555 
 
UK media - Citigate Dewe Rogerson     +44 (0) 20 7638 9571 
Angharad Couch / Eleni Menikou / Toby Moore 
 
For investor enquiries please contact: 
Liberum Capital Limited – Nominated Adviser and Broker +44 (0) 20 3100 2222 
Clayton Bush / Jill Li / Neil Elliot 
 
NOTES TO EDITORS 
 
About fastjet www.fastjet.com: 
fastjet is a multi-award winning low-cost African airline for everyone.  It began flight operations in Tanzania in November 2012, flying passengers from Dar es Salaam to just two domestic destinations - Kilimanjaro and Mwanza. Today, fastjet’s route network includes Tanzanian domestic routes from its Dar es Salaam base to Kilimanjaro, Mbeya, and Mwanza, and international routes from Tanzania to Lusaka in Zambia and Harare in Zimbabwe. fastjet also began flight operations from its Zimbabwe base in October 2015, and now flies domestically from Harare to Victoria Falls, Harare to Dar es Salaam and internationally from both Harare and Victoria Falls to Johannesburg in South Africa. The airline has flown over 2.5 million passengers with an impressive aggregate 94% on-time performance, establishing itself as a punctual, reliable, and affordable low-cost carrier. 
fastjet Plc is quoted on the London Stock Exchange's AIM Market.