#Fastjet News
… and for flights from #Harare to #Bulawayo, it does not come any better than this …
#Fastjet to release shareholder update on additional capital requirements
FASTJET ANNOUNCEMENT EXPECTED TODAY ON SUCCESS TO RAISE FURTHER CAPITAL (Posted 31st October 2018) Funding Update as per London Stock Exchange requirements: Fastjet is today providing an update in relation to its current cash position and discussions regarding additional funding, following the announcement on 26 September 2018 which noted that additional funding would be required […]
#PrecisionAir hosts aviation safety training for #AirTanzania and #Fastjet
TRAINING IS THE KEY TO AVIATION SAFETY AND KNOWS NO COMPETITION (Posted 25th October 2018) In an effort to promote safety and security in the aviation industry, Tanzania’s Precision Air in conjunction with the International Air Transport Association (IATA) are hosting a four (4) week Aviation safety and security training for air operators in Tanzania. […]
#Fastjet’s latest newsletter is out
Fastjet re-captures another World Travel Awards trophy
#AFRICA’S LEADING LOW COST CARRIER IS … #FASTJET (Posted 09th October 2018) fastjet customers vote airline into win at the World Travel Awards for the third successive year but does the Tanzanian government listen? African low fare but high value airline Fastjet last weekend added to its growing awards tally when it was recognized as […]
#Fastjet pulling the plug on funding their #Tanzania operation
REGULATORY DELAYS, ROUTE DENIALS AND HEAVILY TILTED AVIATION PLAYFIELD SEEN AS REASONS FOR DECISION (Posted 04th October 2018) Disturbing news are emerging from Fastjet’s head office that the airline apparently decided to halt funding for their Tanzanian franchise, the first in the group to take to the skies and for many years faithfully serving Tanzanian […]
#Fastjet announces the latest financial results
HUGE RISE IN REVENUES BUT LOSSES RISE TOO AS FASTJET PRESENTS RESULTS AS OF 30TH OF JUNE (Posted 28th September 2018) Revenues rise year on year from 21.2 million USD to 30.1 million USD Loss increases year on year from 13.2 million USD to 14.6 million USD Those were two of the key elements of […]
#Fastjet offers special fares
#ATR72 introduction by #Fastjet to #Tanzania set to heat up competition
FASTJET’S INTRODUCTION OF ATR72 AIRCRAFT IN TANZANIA THOUGHT TO BE IMMINENT (Posted 08th August 2018) The shenanigans of the Tanzanian aviation regulators seem to have played out in full now as indications are that Fastjet’s three ATR72 aircraft will be deployed to the country over the coming weeks and then start operating services across the […]
#Breaking News as #Fastjet adds value for passengers
FASTJET INCLUDES FIRST CHECKED BACK AND A SNACK ON BOARD TO SET THEMSELVES APART FROM OTHER LOW FAR CARRIERS (Posted 06th August 2018) Fastjet enhances its products for everyone; airline to include first checked bag and snack on all flights from 6 August 2018 Africa’s airline for everyone, Fastjet, today announced that starting 06th August […]
#Fastjet News
#Fastjet launched Bulawayo flights
#HARARE TO #BULAWAYO NOW DAILY ON FASTJET (Posted 20th July 2018) The age of affordable, reliable and safe air transport between Zimbabwe’s capital Harare and the country’s second largest city of Bulawayo, also often referred to as the City of the Kings, has finally dawned after Fastjet, a low fare airline, has earlier today launched […]
#Fastjet to up #Harare flights to four a week
FASTJET PREPARES FOR ADDITIONAL FLIGHTS FROM #DARESSALAAM TO #HARARE VIA #LUSAKA (Posted 19th July 2018) Fastjet, anticipating the early registration of their ATR72’s in Tanzania without any further regulatory mischief and obstacles put in their way, have now put additional departures to Harare on their booking site, effective November this year. The airline will then […]
#Fastjet’s Nico Bezuidenhout answers ATCNews.org questions
#AVIADEV2018 – ENABLING AIRLINES TO MEET THE MEDIA (Posted 17th July 2018) Opportunity arose recently to speak with Nico Bezuidenhout, CEO of pan African low fare airline Fastjet, and ask him a few questions. Q1) Starting off with the latest news about Fastjet finally getting route rights between Harare and Bulawayo – what does that […]
#Harare to #Bulawayo – #Fastjet officially confirms to have received route rights
BULAWAYO HERE WE COME … SAYS FASTJET (Posted 11th July 2018) Fastjet this afternoon officially confirmed what has been published here as breaking news a few weeks ago already, that the Zimbabwe Civil Aviation Authority has finally given the airline route rights to fly between the capital Harare and the country’s second city Bulawayo. This […]
#Fastjet raises additional share capital
10 MILLION US DOLLARS CAPITAL INJECTION BOOST FASTJET’S FORTUNES (Posted 29th June 2018) Following overnight negotiations between the top Fastjet management and shareholders has agreement been reached to inject additional capital into the company of not less than 10 million US Dollars. Through other measures can an additional 2.1 million US Dollars be raised. Highlights […]
#Fastjet publishes 2017 results after reaching agreement with shareholders
FASTJET’S LOSSES HALVED FOR 2017 AS MANAGEMENT PAINTS ROSIER PICTURE FOR THE FUTURE (Posted 29th June 2018) Just in are the results Fastjet PLC has filed this morning, a regulatory requirement by the London Stock Exchange where the company is listed. The report covers the financial year between 01st of January and the 31st of […]
#Fastjet assures public that operations will continue
NO INTERRUPTION EXPECTED IN FASTJET OPERATIONS IN #TANZANIA #ZAMBIA #ZIMBABWE #MOZAMBIQUE AND #SOUTHAFRICA (Posted 28th June 2018) Following the mandated announcement by Fastjet PLC yesterday about their need to raise additional capital – the company is listed on the London Stock Exchange and subject to stringent disclosure rules – has the share value dramatically declined. […]
#Fastjet’s share price takes a heavy beating
76 PERCENT DROP IN SHARE VALUE FOLLOWING FASTJET’S ANNOUNCEMENT EARLIER TODAY (Posted 27th June 2018) Following a report filed here in the early hours of the day (https://atcnews.org/2018/06/27/fastjet-says-they-need-more-funding-or-else/) has the company’s share price taken an unprecedented dive, as the graph shown above amply demonstrates. No word has come out of Solenta Aviation, a 28 percent […]
#Fastjet says they need more funding or else …
FASTJET MAKES ANNOUNCEMENT ON THE URGENT NEED FOR ADDITIONAL FUNDING AS STORM CLOUDS GATHER OVER A MAJOR SHAREHOLDER (Posted 27th June 2018) On the 05th of June did Fastjet announce that it had entered into an unsecured loan agreement with third parties, Annunaki Investments (Private) Limited ("Annunaki") and SSCG Africa Holdings ("SSCG"), in order to […]
#BreakingNews as #Fastjet secures route rights for #Bulawayo
BULAWAYO AT LAST FOR FASTJET (Posted 21st June 2018) Not entirely unexpected did information come in this afternoon that the Zimbabwe Civil Aviation Authority has granted Fastjet traffic rights between the capital Harare and the country’s second largest city of Bulawayo, aka City of the Kings. The airline will commence a daily flight effective 02nd […]
#Fastjet adds more flights between #Harare and #VictoriaFalls
FASTJET UPS FREQUENCIES ON KEY ZIMBABWE ROUTE (Posted 20th June 2018) Fastjet Zimbabwe has announced that flights on the key route between the capital Harare and Victoria Falls – the country’s most visited tourism attraction – will be upped to two a day (with exception of Saturday with one daily flight) effective 02nd of July. […]
Tanzanian aviation authorities tell #Fastjet that #Kigoma is a no go zone for them
KIGOMA ROUTE RESERVED FOR AIR TANZANIA AS FASTJET IS SHAFTED A SECOND TIME (Posted 31st May 2018) Sources close to the Tanzanian aviation regulators, clearly in disagreement with their organization’s modus operandi, have revealed an alarming trend taking root when it comes to dealing with privately owned airlines. ‘We are given to understand that we […]
#Fastjet on course for #Kigoma flights
KIGOMA TO BECOME FASTJET’S FIFTH DOMESTIC ROUTE IN #TANZANIA (Posted 28th May 2018) Fastjet has opened bookings, again, for Kigoma which is now set to become the airline’s fifth destination after Dar es Salaam, Kilimanjaro, Mwanza and Mbeya. Shown as a destination several months ago already – and then taken off again reportedly due to […]
#Emirates and #Fastjet sign new interline deal
INTERLINE DEAL BETWEEN EMIRATES AND FASTJET TO BENEFIT PASSENGERS OF BOTH AIRLINES (Posted 18th May 2018) Fastjet and Emirates have now signed an interlining deal from which passengers of both airlines in Tanzania, Zimbabwe, Zambia, Mozambique and South Africa will benefit. Emirates serves these markets with long haul flights out of Dubai, effectively connecting the […]
#Fastjet’s Chief Operating Officer Sylvain Bosc answers questions
FASTJET COO MEETS WITH ATCNEWS.ORG ON THE SIDELINES OF #WTMA18 (Posted 20th April 2018) Fastjet’s Sylvain Bosc yesterday met with the Publisher of ATCNews.org to discuss aviation in general and Pan African LCC Fastjet in particular. Here are some select questions asked and answers given: Q: You joined Fastjet about a year ago from South […]
#Fastjet reaches 90 percent on time performance in Q1 of 2018
FASTJET RECORDS EXCELLENT ON TIME PERFORMANCE (Posted 05th April 2018) The airline for everyone, Fastjet, ended the first quarter of 2018 with an exemplary in time performance record of 90% across its network in Tanzania, Zimbabwe, Mozambique, South Africa and Zambia. Fastjet now leads its low-cost airline peers that publish on-time performance statistics in many […]
#Fastjet confirms intention to purchase three #ATR72’s
ATR72’S TO ENTER FASTJET SERVICE IN JUNE (Posted 05th April 2018) Further to the announcement issued on 29th of September 2017, Fastjet, the low-cost African airline, today announced its intention to exercise its option to purchase outright three ATR72-600 turboprop aircraft and the entering into of a US$12m loan agreement with Solenta Aviation Holdings Limited […]
#Fastjet and #Mozambique’s #LAM sign commercial cooperation agreement
FASTJET AND LAM SIGN MAJOR COOPERATION DEAL (Posted 20th March 2018) (Picture, courtesy of Fastjet, shows the two CEO’s signing the MoU earlier today) Mozambique’s national airline LAM and Fastjet today entered into a Memorandum of Understanding to explore long-term commercial cooperation. The Memorandum was signed at the LAM head offices in Maputo. The intent […]
#Fastjet gets first major award of 2018 being named ‘Best Value Airline in #Africa’
#INTERNATIONALTRANSPORTNEWS NAMES FASTJET AS ‘BEST VALUE AIRLINE IN AFRICA‘ FOR 2018 (Posted 09th March 2018) Fastjet was named as the Best Value Airline in Africa at the 2018 Air Transport Awards on 05th of March 2018. The annual awards, created by leading industry publication International Transport News, recognizes excellence amongst all role players in the […]
