fastjet unveils 2013 passenger statistics across Africa

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fastjet is pleased to announce its passenger statistics for the month of December 2013.

fastjet operations in Tanzania carried a total of 37 458 passengers in the month, the highest number of passengers in one month since fastjet started operations, and achieved an average load factor of 71%.

The average yield per passenger was a record $97, compared to $50 in December 2012. Total revenue for the month was $3.6 million, considerably more than previous months and exceeding $3 million for the first time since the start of operations.

A key contributing factor to December’s strong performance was the Dar es Salaam to Mbeya route which increased in frequency from three to four flights per week on 1st December, and then to daily flights on 16th December. Despite these capacity increases, the route achieved an excellent average load factor of 68% for the full month.

The passenger numbers carried by the legacy Fly 540 businesses fell slightly year on year with restructuring.
Punctuality remained outstanding with 92% of flights operating on time Note 5.

“Our yield and total revenue figures for the month were excellent and the performance on our established routes during the important Christmas period was better than expected,” says Ed Winter, fastjet interim Chairman and CEO.
“Additionally, the strong performance of the Dar es Salaam to Mbeya route continues to show how well the low cost model can work in this market place. Our low fares have stimulated the market and provided a real option for the huge, pent-up demand on this route,” says Winter.

“As previously announced, flights are now on sale for our second international route, Dar es Salaam to Lusaka, which launches on 1st February 2014. Early indicators suggest that the route will prove to be a popular link between two major commercial hubs. Many Tanzanians and Zambians undertake the uncomfortable and dangerous 24 hour road journey between the two cities each day,” says Winter.

“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,” concludes Winter.

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