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Fastjet still awaits clearance for Nairobi flights as results again improve
Posted October 9, 2014 by Prof. Dr. Wolfgang H. Thome in Uncategorized. Leave a Comment
ANOTHER RECORD MONTH FOR FASTJETS TANZANIA OPERATIONS
(Posted 09th October 2014)
September ended for Fastjet with a record breaking number of 57.756 passengers carried and a loadfactor of overall 74 percent, up nearly 80 percent compared to the same month a year ago.
Punctuality, compared to August, reduced slightly to 88 percent of all departures leaving within 15 minutes of the published times.
All eyes are now on the performance of the newly launched route to Uganda, were flights were at the end of September doubled from two to four a week, to establish how well the Ugandan and Tanzanian markets have taken up the nonstop flights between Dar es Salaam and Entebbe. Also in October will the airline increase flights from Dar es Salaam to Kilimanjaro.
Notes:
1. "Passengers"are sold seats flown, excluding infants. Fastjet bookings are generally non-refundable.
2. "Load Factor"is the number of passengers" as a percentage of the number of available seats flown.
3. "on time"- arrival earlier than or within 15 minutes of schedule
Said Ed Winter when announcing the latest operational data as required under the London Stock Exchange rules where Fastjet is a publicly quoted company: I am delighted to see such strong total passenger numbers and high load factor for September compared to August, a peak travel month. Our capacity will continue to grow during October with increased frequency on the Entebbe and Kilimanjaro routes and we expect to see an increase in average utilisation per aircraft to 10.2 hours, closer to our target of 11.7 hours.
Meanwhile is the airline still waiting to receive regulatory approvals for flights between Dar es Salaam and Nairobi, an application reportedly kept pending by the Kenya Civil Aviation Authority for several months now, a situation which has started to anger their Tanzanian counterparts which designated Fastjet for the route to Nairobi.
It is a game of cat and mouse the Kenyan regulators are playing, just like the South Africans did last year when they suddenly demanded additional submissions and documents on the eve of the inaugural flight. We know there is pressure from Kenyan airlines to keep Fastjet off the DAR NBO route for as long as possible. However, if they do not grant those traffic right quickly, Tanzania may well retaliate and invoke countermeasures. It is not in the spirit of East Africa. You often blame us in Tanzania to be stumbling blocks but in this case it is obviously the Kenyans who are not playing ball said a regular aviation source from Tanzania, not wanting to be named.
For breaking and regular aviation news be sure to watch this space to be the first to know of the latest developments from across Eastern Africa.
http://wolfganghthome.wordpress.com...for-nairobi-flights-as-results-again-improve/
MY TAKE
You never see this kind of reports in Nationmedia! As i always say Kenyans are known of hypocrisy the hullabaloo about free market within the EAC is finito just because there is a level ground among partner states to fair compete! They always make noises about another member being a stumbling block when their interests are not served while doing opposite where no interest is to serve their ego.
Uganda a COW member last year had to retaliate to Kenya on exporting poultry and milk products to Kenya as Kenya felt they can't compete with Uganda and ended up banning the products! Pretty sure KQ will stop flyin to Dar, Zanzibar and Kilimanjaro as it seems that is the only option remaining to force KCAA in the spirit of East Africa.
lawmaina78, waltham, hbuyosh, Askari Kanzu, ralphtz, Bantugbro, kadoda11, mwathai
FastJet Is In Talks to Add 10 Airbus A319s by End of 2015
By Chris Jasper 2014-09-29T11:22:39Z - Comments Email Print
Posted October 9, 2014 by Prof. Dr. Wolfgang H. Thome in Uncategorized. Leave a Comment
ANOTHER RECORD MONTH FOR FASTJETS TANZANIA OPERATIONS
(Posted 09th October 2014)
September ended for Fastjet with a record breaking number of 57.756 passengers carried and a loadfactor of overall 74 percent, up nearly 80 percent compared to the same month a year ago.
Punctuality, compared to August, reduced slightly to 88 percent of all departures leaving within 15 minutes of the published times.
All eyes are now on the performance of the newly launched route to Uganda, were flights were at the end of September doubled from two to four a week, to establish how well the Ugandan and Tanzanian markets have taken up the nonstop flights between Dar es Salaam and Entebbe. Also in October will the airline increase flights from Dar es Salaam to Kilimanjaro.
| Month ending | September 2014 | September 2013 | Change |
| Passengers Note 1 | 57,756 | 32,322 | 79% |
| Load Factor Note 2 | 74% | 76% | -2pp |
| Rolling 12 months ending | September 2014 | September 2013 | Change |
| Passengers Note 1 | 513,345 | 287,378 | 79% |
Notes:
1. "Passengers"are sold seats flown, excluding infants. Fastjet bookings are generally non-refundable.
2. "Load Factor"is the number of passengers" as a percentage of the number of available seats flown.
3. "on time"- arrival earlier than or within 15 minutes of schedule
Said Ed Winter when announcing the latest operational data as required under the London Stock Exchange rules where Fastjet is a publicly quoted company: I am delighted to see such strong total passenger numbers and high load factor for September compared to August, a peak travel month. Our capacity will continue to grow during October with increased frequency on the Entebbe and Kilimanjaro routes and we expect to see an increase in average utilisation per aircraft to 10.2 hours, closer to our target of 11.7 hours.
Meanwhile is the airline still waiting to receive regulatory approvals for flights between Dar es Salaam and Nairobi, an application reportedly kept pending by the Kenya Civil Aviation Authority for several months now, a situation which has started to anger their Tanzanian counterparts which designated Fastjet for the route to Nairobi.
It is a game of cat and mouse the Kenyan regulators are playing, just like the South Africans did last year when they suddenly demanded additional submissions and documents on the eve of the inaugural flight. We know there is pressure from Kenyan airlines to keep Fastjet off the DAR NBO route for as long as possible. However, if they do not grant those traffic right quickly, Tanzania may well retaliate and invoke countermeasures. It is not in the spirit of East Africa. You often blame us in Tanzania to be stumbling blocks but in this case it is obviously the Kenyans who are not playing ball said a regular aviation source from Tanzania, not wanting to be named.
For breaking and regular aviation news be sure to watch this space to be the first to know of the latest developments from across Eastern Africa.
http://wolfganghthome.wordpress.com...for-nairobi-flights-as-results-again-improve/
MY TAKE
You never see this kind of reports in Nationmedia! As i always say Kenyans are known of hypocrisy the hullabaloo about free market within the EAC is finito just because there is a level ground among partner states to fair compete! They always make noises about another member being a stumbling block when their interests are not served while doing opposite where no interest is to serve their ego.
Uganda a COW member last year had to retaliate to Kenya on exporting poultry and milk products to Kenya as Kenya felt they can't compete with Uganda and ended up banning the products! Pretty sure KQ will stop flyin to Dar, Zanzibar and Kilimanjaro as it seems that is the only option remaining to force KCAA in the spirit of East Africa.
lawmaina78, waltham, hbuyosh, Askari Kanzu, ralphtz, Bantugbro, kadoda11, mwathai
FastJet Is In Talks to Add 10 Airbus A319s by End of 2015
By Chris Jasper 2014-09-29T11:22:39Z - Comments Email Print
FastJet Plc (FJET) said its in talks about adding more Airbus Group NV (AIR) short-haul jets to the fleet as the discount carrier seeks to open bases in Zambia,
Zimbabwe and Kenya next year while expanding operations in Tanzania.
FastJet, which currently operates three Airbus A319s, is negotiating with a number of leasing companies about aircraft availability in the next three to six months, with expansion plans calling for as many as 13 of the type by the end of 2015, Chief Executive Officer Ed Winter said today in an interview.
People were skeptical about us putting A319s into Africa but theyve worked well with good reliability and punctuality, he said. Were getting close to saying these planes are full and I hope were about to see an opportunity to really expand.
FastJets strategy through the end of next year calls for seven A319s to be based in Tanzania, where operations began in 2012. The London-based carrier also envisages stationing three planes in Zambia, together with two in Zimbabwe, where Robert Mugabes government has proved receptive to approaches, Winter said, while a sole aircraft could be located in Kenya.
FastJet shares traded 6.8 percent lower at 1.38 pence as of 11 a.m. in London after it posted an underlying first-half loss of $30.5 million, before interest and tax. The expansion needs funds beyond 15 million pounds ($24 million) raised in April, and Winter said talks are ongoing with African backers and that hed also be receptive to a deal with an airline investor.
China Plane Deal
Discussions are under way about a more immediate plan to source two A319s from the leasing unit of Industrial & Commercial (1398) Bank of China Ltd.,
Winter said. The aircraft would replace planes due to be returned to Volito Aviation Services of Sweden, in which Goldman Sachs Inc. (GS)has a minority stake.
FastJet still aims to secure an air operating certificate for Zambia by the end of this year and could add international routes quickly there, Winter said. Talks in Kenya, which the airline once earmarked for its initial base, have been more drawn out, and local rules will require a year of domestic-only flying before foreign services can be added, he said.
The carriers plans to establish the first pan-African discount network will continue to focus on East Africa for the foreseeable future, the CEO said, with the possibility of bases in Angola and Ghana, where it already holds AOCs, receding.
Bases could open in South Africa and Uganda in 2016, while by 2018 Winter sees a fleet of up to 34 jets, nine in South Africa, seven in Tanzania and Kenya, four in Uganda and Zimbabwe and three in Zambia. FastJets first international route, Dar es Salaam-Johannesburg, began last October, and it has since added services from the Tanzania city to Lusaka, Harare and Entebbe.
Winter said talks have resumed on implementing a code-share deal with Dubai-based Emirates, the No. 1 international airline, for which Dar es Salaam is an expanding destination. Middle Eastern carriers are candidates to invest in FastJet, where EasyJet Plc (EZJ) founder Stelios Haji-Ioannouholds a 10 percent stake
but has been critical of recent pay awards to executives.
The first-half loss included $13.9 million from Tanzania and $13.5 from the Angola and Ghana operations, now suspended. Tanzanian sales almost doubled to $19 million, with both the customer total and revenue per passenger up about 40 percent.
To contact the reporter on this story: Christopher Jasper in London at cjasper@bloomberg.net
To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net
http://www.bloomberg.com/news/2014-...ks-to-add-10-airbus-a319s-by-end-of-2015.html
waltham, lawmaina78, hbuyosh tell me what it means by African backers and where are they if Fastjet so far is only operating in Tanzania?
Zimbabwe and Kenya next year while expanding operations in Tanzania.
FastJet, which currently operates three Airbus A319s, is negotiating with a number of leasing companies about aircraft availability in the next three to six months, with expansion plans calling for as many as 13 of the type by the end of 2015, Chief Executive Officer Ed Winter said today in an interview.
People were skeptical about us putting A319s into Africa but theyve worked well with good reliability and punctuality, he said. Were getting close to saying these planes are full and I hope were about to see an opportunity to really expand.
FastJets strategy through the end of next year calls for seven A319s to be based in Tanzania, where operations began in 2012. The London-based carrier also envisages stationing three planes in Zambia, together with two in Zimbabwe, where Robert Mugabes government has proved receptive to approaches, Winter said, while a sole aircraft could be located in Kenya.
FastJet shares traded 6.8 percent lower at 1.38 pence as of 11 a.m. in London after it posted an underlying first-half loss of $30.5 million, before interest and tax. The expansion needs funds beyond 15 million pounds ($24 million) raised in April, and Winter said talks are ongoing with African backers and that hed also be receptive to a deal with an airline investor.
China Plane Deal
Discussions are under way about a more immediate plan to source two A319s from the leasing unit of Industrial & Commercial (1398) Bank of China Ltd.,
Winter said. The aircraft would replace planes due to be returned to Volito Aviation Services of Sweden, in which Goldman Sachs Inc. (GS)has a minority stake.
FastJet still aims to secure an air operating certificate for Zambia by the end of this year and could add international routes quickly there, Winter said. Talks in Kenya, which the airline once earmarked for its initial base, have been more drawn out, and local rules will require a year of domestic-only flying before foreign services can be added, he said.
The carriers plans to establish the first pan-African discount network will continue to focus on East Africa for the foreseeable future, the CEO said, with the possibility of bases in Angola and Ghana, where it already holds AOCs, receding.
Bases could open in South Africa and Uganda in 2016, while by 2018 Winter sees a fleet of up to 34 jets, nine in South Africa, seven in Tanzania and Kenya, four in Uganda and Zimbabwe and three in Zambia. FastJets first international route, Dar es Salaam-Johannesburg, began last October, and it has since added services from the Tanzania city to Lusaka, Harare and Entebbe.
Winter said talks have resumed on implementing a code-share deal with Dubai-based Emirates, the No. 1 international airline, for which Dar es Salaam is an expanding destination. Middle Eastern carriers are candidates to invest in FastJet, where EasyJet Plc (EZJ) founder Stelios Haji-Ioannouholds a 10 percent stake
but has been critical of recent pay awards to executives.
The first-half loss included $13.9 million from Tanzania and $13.5 from the Angola and Ghana operations, now suspended. Tanzanian sales almost doubled to $19 million, with both the customer total and revenue per passenger up about 40 percent.
To contact the reporter on this story: Christopher Jasper in London at cjasper@bloomberg.net
To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net
http://www.bloomberg.com/news/2014-...ks-to-add-10-airbus-a319s-by-end-of-2015.html
waltham, lawmaina78, hbuyosh tell me what it means by African backers and where are they if Fastjet so far is only operating in Tanzania?
