fastjet gives monthly operational update

fastjet has announced that May 2013 was its best month of trading to date across the entire Group.
In Tanzania, revenues in May, in excess of $1.8m for the month, were up approximately 50% compared with the start of the year. Revenue per passenger increased by 62% since the beginning of 2013 and load factor rose by 11 percentage points in May compared with April.
The Fly540 operation in Ghana has also made significant progress in terms of passenger loads and revenues, said fastjet. The number of passengers booked to travel in May saw an 11% over April and the operation also saw a 52% increase in passenger numbers compared with May 2012 plus a 25% increase in revenue.
fastjet also reported a significant change in consumer behaviour in Ghana with a 398% increase in web-based sales so far in 2013 versus the whole of 2012.
fastjet’s Angolan business has achieved its highest passenger sales figure since the start of operations in January 2011, with a 63% increase in passenger numbers in the last five months, and a corresponding revenue increase of 66.5% between January and May. Passenger numbers in May were up 38% on those in April.
fastjet added that it is training more Angolan pilots than ever and is looking to increase the scale of its operation there as soon as practical.
Ed Winter, chief executive officer of fastjet, commented, “May has been an excellent month for the Group. The Tanzanian operation has seen a real growth in passenger sales revenues. This suggests that we have captured the hearts and minds of the Tanzanian public and I am delighted that we are now firmly the ‘airline of choice’ on all of the routes we currently operate.
“Our continued growth in both Angola and Ghana is enormously pleasing. Simply put, we are carrying more passengers, enjoying increased yields and an ever-improving level of dispatch reliability in each of these operations,” Winter added. “Since the start of the year, we have grown the business substantially in the face of challenges. Our prospects in each of our operations look very positive.”

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