ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

FJET Fastjet Plc

0.03
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fastjet Plc LSE:FJET London Ordinary Share GB00BWGCH354 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.03 0.025 0.035 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Fastjet PLC fastjet Zambia approval update (7169B)

09/01/2015 7:00am

UK Regulatory


Fastjet (LSE:FJET)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Fastjet Charts.

TIDMFJET

RNS Number : 7169B

Fastjet PLC

09 January 2015

fastjet plc

("fastjet" or the "Company")

9th January 2015

fastjet Zambia approval update

fastjet, Africa's low-cost airline, is pleased to announce that fastjet Zambia Ltd has received confirmation from the Zambian Civil Aviation Authority that it has successfully completed the critical 'Phase 1' of its application for an Air Operating Certificate (AOC) This is a significant step towards the launch of fastjet operations in Zambia. The next stage of the AOC process, which is well underway, allows the authorities to evaluate fastjet Zambia's planned company structure, gain first-hand understanding of fastjet's Airbus aircraft and approve fastjet Zambia's operational plan.

Commenting on the news, Ed Winter, interim Chairman and Chief Executive Officer of fastjet plc, said: "The process to obtain permission to operate in Zambia is proceeding extremely well. We have an excellent team in Zambia, who are working positively with the local authorities to complete the approval process as efficiently as possible.

"We look forward to bringing the high quality and low-cost fastjet operation to the people of Zambia soon".

Zambia will be fastjet's second base from which it plans to operate low-cost flights to various destinations in East and Southern Africa. Prices on regional routes from Zambia are currently very high, especially so where a monopoly operator controls the route. fastjet is confident that its low-cost model will stimulate the market.

fastjet intends to announce its passenger statistics for December 2014 on 12 January 2015.

For media enquiries please contact:

UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571

Angharad Couch

Toby Moore

Nick Hayns

South Africa media - Tribeca Public Relations Tel: +27 11 208 5521

Cian Mac Eochaidh

For investor enquiries please contact:

W.H. Ireland Ltd. Tel: +44 (0) 20 7220 1666

James Joyce

Mark Leonard

NOTES TO EDITORS

About fastjet plc

fastjet plc is the holding company of the low cost airline fastjet which commenced flights under the fastjet brand in Tanzania in November 2012. The airline introduced Airbus A319s into its fleet. By adhering to international standards of safety, quality, security and reliability; fastjet has brought a new flying experience to the African market at unprecedented low prices. fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline. fastjet plc is also the holding company of Fly540, which operates in Ghana and Angola.

The results of a recent customer satisfaction survey showed that 100% of customers were likely to recommend fastjet to a friend. In developing its strong brand and identity, fastjet has won and been nominated for a number of awards, including winning three Transform awards for the rebrand and launch of fastjet and the award for "Brand Strategy of the Year" at the recent Drum Marketing Awards in London.

fastjet plc is quoted on the London Stock Exchange's AIM market.

For more information see www.fastjet.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUWRWRVOAARAR

1 Year Fastjet Chart

1 Year Fastjet Chart

1 Month Fastjet Chart

1 Month Fastjet Chart

Your Recent History

Delayed Upgrade Clock