HOLIDAY SEASON BRINGS FASTJET NEW PASSENGER AND REVENUE RECORD
(Posted 15th January 2014)
FastJet’s passenger statistics and information provided on revenues achieved shows a new record for December last year, just 13 months into the operations of the startup airline. 37.458 passengers flew with the airline driving the loadfactor to an average 71 percent for the month. Notably did the airline also release additional data, indicating that the yield per passengers for December had climbed to 97 US Dollars, indicating a swell of last minute bookings for which the minimum fare of 20 US Dollars– bare of fees and taxes though, an issue FastJet will hopefully address in 2014 – did not apply. Monthly earnings were reported to be in the region of 3.6 million US Dollars, exceeding the 3 million mark for the first time ever according to the details received.
Flights during December had a 92 percent on time departure record, which does allow for leaving up to 15 minutes late from the gate.
Mbeya saw flights rise from four a week to daily by mid December as a result of what the airline called ‘pent-up demand’. The airline’s CEO Ed Winter was quoted in the media brief as having commented on these developments: ‘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’
The full set of statistics received is published here for the benefit of the readers:
| All Operations Note 1 | |||
| Month ending | Dec 2013 | Dec 2012 | Change |
| Passengers Note 2 | 96,664 | 96,028 | 0.7% |
| Rolling 12 months ending | Oct 2013 | Oct 2012 | Change |
| Passengers Note 2 | 987,059 | 698,041 | 41.4% |
| fastjet Operations Note 4 | |||
| Month ending | Dec 2013 | Dec 2012 | Change |
| Passengers Note 2 | 37,458 | 29,559 | 26.7% |
| Load Factor Note 3 | 74% | 78% | -4pp |
| Rolling 12 months ending | Dec 2013 | Dec 2012 | Change |
| Passengers Note 2 | 365,479 | 31,412 | N/A |
Notes:
1. "All Operations" includes statistics for fastjet Tanzania, Fly540 Kenya, Fly 540 Ghana and Fly540 Angola.
2. "Passengers" for Fly 540 operations are flown passengers and for fastjet operations are sold seats flown, in both cases excluding infants. Fastjet bookings are generally non-refundable whereas 540 bookings are in some circumstances refundable.
3. "Load Factor" is the number of ‘passengers" as a percentage of the number of available seats flown.
4. "fastjet Operations" includes only statistics for Fastjet Tanzania operations which commenced on 29th November 2012
5. "on time" – arrival earlier than or within 15 minutes of schedule.
