Posted on: 09 March 2015 by Mark Howells
fastjet has announced that its Tanzanian operation carried a total of 52,801 passengers in February with a load factor of 70% (down 6 percentage points from last February) and a punctuality rate showing 96% of flights arrived on time (defined as earlier than or within 15 minutes of schedule).
As with many low-fare airlines, “passengers" represents sold seats flown (excluding infants), since bookings are generally non-refundable. fastjet also reported that the rolling 12 month figure for “passengers” to 28 February 2015 was 639,367, compared with 379,938 in the 12 months to 28 February 2014, an increase of 68%.
Ed Winter, CEO and interim chairman of fastjet, commented, "With a 50% increase in passengers we continue to see great year-on-year growth achieved by increased utilisation of our aircraft. As we approach Easter and peak summer months we will be adding even more capacity on existing routes and expanding our route network."
The company continued to benefit from falling fuel prices in February, paying 13% less (cost per gallon) compared with January 2015, which represented a 37% reduction compared with February 2014.