fastjet customers satisfied, survey reveals
15th Apr 2013 12:48
Africa low-cost airline fastjet said an online customer survey revealed 100 per cent of participants were 'satisfied' with their flights. The survey, which was completed by more than 1,000 fastjet passengers, also found nine out of every 10 respondents considered the airline to be 'good value' and
Read morefastjet shares rise on milestone passenger numbers
26th Mar 2013 09:25
fastjet shares surged Monday as the low-cost airline announced it carried its 100,000th passenger and launched a new credit and debit card payment service. The milestone comes almost four months since the African airline started flights from Dar es Salaam. The budget carrier partnered with credit
Read morefastjet makes 'significant step' in acquisition of 1 Time airline
18th Mar 2013 09:29
Budget carrier fastjet is another step closer towards its acquisition of troubled South African airline 1 Time. fastjet said it has filed a letter of intent with the liquidators of 1 Time in Johannesburg, South Africa, to enable them to negotiate a compromise settlement with the creditors. Chief
Read moreFastjet secures funding to expand in Africa
8th Mar 2013 07:52
Africa's first low-cost carrier, fastJet, has secured funding that will enable it to further working capital and plan for its expansion in Africa. The £15.68m zero coupon convertible securities will be provided by Bergen Global Opportunity Fund, and will mitigate the effect of potential dilution to
Read morefastJet passenger numbers rocket in wake of negative press
8th Feb 2013 10:16
fastJet's passenger numbers soared 63.8 per cent last month despite a lack of activity following Christmas. Africa's first low-cost airline carried 84,645 people in January across all operations including fastJet Tanzania, Fly540 Kenya, Fly 540 Ghana and Fly540 Angola. That compares to 51,676 pass
Read moreFastjet denies 'false and damaging' allegations
6th Feb 2013 08:25
Africa's first low-cost carrier, fastJet, made a firm statement on Wednesday, in which it said it 'categorically refutes' claims made by Don Smith, the Chief Executive Officer of its Kenyan subsidiary, Fly540 Kenya, regarding an alleged unpaid consideration for the purchase of its interest in Fly540
Read morefastJet signs MOU with Kenyan airline Jetlink
28th Jan 2013 11:47
Africa's first low-cost carrier fastJet has signed a Memorandum of Understanding with Kenyan airline Jetlink. Under the terms of the memorandum, fastJet and Jetlink will be working together to create a joint venture providing a platform for the launch of the fastJet brand in Kenya. Jetlink is a Ke
Read more