fastjet signs LOI to lease Airbus A319

fastjet has revealed plans to increase its fleet to support the planned expansion of fastjet Tanzania and facilitate the start-up of operations in both Zambia and Zimbabwe, including signing a Letter of Intent with ICBC International Leasing Company for one Airbus A319.
Ed Winter, fastjet’s CEO, stated, "It will be a strong step forward to add another aircraft to our fleet and embark on our planned expansion funded by our recent £50 million placing. We are currently negotiating to bring further aircraft into the fleet.”
The aircraft will enter into service in the third quarter of 2015, subject to agreement. As previously announced, the carrier’s target is to have up to 34 aircraft operating to 40 destinations within and from Tanzania, Zambia, Zimbabwe, South Africa, Kenya and Uganda by the end of 2018.
fastjet estimates that each additional aircraft it takes on will be able to offer passengers 1,000 more seats per day. Based on the 75% load factors currently being projected by fastjet, each aircraft in the fleet is expected to carry approximately 275,000 passengers per annum.

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