Africa's first budget airline Fastjet takes to skies

01 Dec, 2012

The world's first pan-African low-cost carrier Fastjet enjoyed keen demand on its first day of commercial operations, it said in a statement on Friday. "Fastjet... commenced commercial flight operations yesterday, with its first aircraft flying passengers from Dar es Salaam to Mwanza, and Dar es Salaam to Kilimanjaro in Tanzania," the carrier said.
The group flew eight services on Thursday from Tanzania and carried more than 900 passengers. The so-called passenger load factor, which measures the number of seats filled on flights, stood at an avereage of 78 percent, while three of the services had a load factor of 90 percent. "Future demand for seats on these two initial routes is currently far outstripping supply," Fastjet added.
"Additional flights to these destinations are already being considered, and the company also intends to expand its route network regionally over the coming weeks as the fleet grows to three Airbus A319s." The airline was formed earlier this year by Stelios Haji-Ioannou - the founder of British no-frills airline easyJet - and London-listed Rubicon Diversified Investments. Fastjet uses the existing route network of Lonrho's airline, currently operating as Fly540, in Kenya, Tanzania, Ghana and Angola. EasyGroup's move may meanwhile be challenged by easyJet which for some time has had fractious relations with Haji-Ioannou, whose family is the biggest single shareholder in the British airline with a stake of about 38 percent.

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