Posted on: 14 January 2014 by Mark Howells
fastjet has announced its passenger statistics for the month of December 2013.
fastjet operations in Tanzania carried a total of 37,458 passengers during December – the highest number of passengers in one month since fastjet started operations – and achieved with an average load factor of 71%.
The average yield per passenger was a record $97, compared with $50 in December 2012. The total revenue for the month was $3.6 million, exceeding $3 million for the first time since the start of operations.
A key contributing factor to December’s strong performance, noted fastjet, was the Dar es Salaam to Mbeya route which increased in frequency from three to four flights per week on 1 December, and then to daily flights on 16 December. Even with these capacity increases, the route achieved an average load factor of 68% for the full month.
The passenger numbers carried by the legacy 540 businesses fell slightly year on year with restructuring.
“Our yield and total revenue figures for the month were excellent and the performance on our established routes during the important Christmas period was better than expected,” remarked Ed Winter, CEO and interim chairman of fastjet.
“As previously announced, flights are now on sale for our second international route, Dar es Salaam to Lusaka, which launches on 1 February,” Winter added. “Early indicators suggest that the route will prove to be a popular link between two major commercial hubs. Many Tanzanians and Zambians undertake the uncomfortable and dangerous 24-hour road journey between the two cities each day.
“Based on our achievements in 2013, as we enter 2014 I am very optimistic about the prospect of fastjet rolling out the low-cost model on many more routes. Our success to date shows that the African market will react very positively to the provision of reliable, safe and well-priced air transport,” concluded Winter.