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FASTJET PLC - New low cost airline for Africa (FJET)     

Darshini - 22 Nov 2012 15:05

Chart.aspx?Provider=EODIntra&Code=FJET&SFJET


With ambitious plans to create Africa’s first pan-continental airline, fastjet will bring
international standards of safety, quality, security and reliability.

Low-cost is quite simply the avoidance of costly frills, offering customers the lowest possible
fares in addition to pay-as-you travel extras. This affords passengers the flexibility to pay for
additional services such as a bag or refreshment rather than having to pay for it regardless
whether you want it or not.

Importantly fastjet low-cost definitely does not mean low quality. Despite the many challenges
that exist outside our control we will be open, honest, transparent and communicative to
ensure that your travel arrangements remain with the least amount of interruption.

------------------------------------------------------------------

Sir Stelios Haji-Ioannou, the founder of EasyJet, is set to launch a low-cost airline in Africa this year after taking a 5% stake in a new venture FASTJET PLC.

The easyGroup tycoon, who is embroiled in a long-running boardroom battle with easyJet, is backing a carrier that will operate under his Fastjet airline and be run by former easyJet executives.

Fastjet will operate from Kenya, Tanzania, Ghana and Angola. The ambition is to carry more than 12 million passengers a year, from the 500,000 at present, by cashing in on demand for regional travel from a burgeoning African middle-class.

Haji-Ioannou said the move would help bring low-cost air travel to more Africans. "This is another small but significant step in bringing the dream of low-cost air travel to millions of people in Africa – the aviation industry's last frontier. Past experience shows that by halving fares, a successful low-cost carrier can encourage those people, who have never previously travelled by air, to fly."

driver - 14 Oct 2013 08:37 - 232 of 449

Some Pi's got there head in a spin.
Good buying Opp..

irlee57 - 14 Oct 2013 10:18 - 233 of 449

just topped up @ 4.20 but showing as a sell, why?

HARRYCAT - 14 Oct 2013 10:21 - 234 of 449

Perhaps trying to give you a hint? ;o)

irlee57 - 14 Oct 2013 10:38 - 235 of 449

you could be right hc only time will tell.

ontheturn - 14 Oct 2013 12:07 - 236 of 449

a sort of a bounce from lows of the day, as buying got on the way, but suddenly the bid is marked down ( MMs games ) to stop the buying going on further.
a 85K buy paid premium 5.40p offer at 5.35p

halifax - 15 Oct 2013 16:50 - 237 of 449

Sp finished sub 4p.

driver - 15 Oct 2013 17:32 - 238 of 449

Topped up at 4p hope this is the bottom..

skinny - 16 Oct 2013 07:56 - 239 of 449

Passenger Statistics and Operational Update

gibby - 16 Oct 2013 08:47 - 240 of 449

hmmmmmmm The decrease in load factor, from 84% in August to 76% in September, was driven by an increase in capacity on the Dar es Salaam to Mwanza route, as fastjet introduced additional flights following the approval of night operations at Mwanza airport.'

gibby - 16 Oct 2013 08:48 - 241 of 449

'As expected, fastjet operations in Tanzania showed a small decrease in passenger numbers, 2% from 33,079 to 32,387'

irlee57 - 16 Oct 2013 14:34 - 242 of 449

forgive the pun, are we starting to take off.

driver - 16 Oct 2013 17:38 - 243 of 449

Happy to hold here Av 7.8p fjet is looking a lot healthier now than the last few days’ weeks hopefully we should now start to see the recovery of the sp..

ontheturn - 17 Oct 2013 11:40 - 244 of 449

Further bounce today, looks like the MMs wanted a double botton on the stock

naturally is very bullish the D B

Chart.aspx?Provider=EODIntra&Code=FJET&S

gibby - 17 Oct 2013 20:23 - 245 of 449

taxiing to take off position :-0

unluckyboy - 18 Oct 2013 08:20 - 246 of 449

Well we have take off. Flight left on time. Let's hope the share price takes off with it.

HARRYCAT - 18 Oct 2013 08:24 - 247 of 449

.....so the aircraft is currently struggling to reach altitude and the pilot is confronted by a decision to either return to base or ditch!

gibby - 18 Oct 2013 11:32 - 248 of 449

lol harry - cockpit warning light - plane circling and making a decision on dumping fuel first before attempting a landing................

halifax - 25 Oct 2013 12:35 - 249 of 449

RNS Lonrho reduces shareholding to 22.82%

halifax - 29 Oct 2013 16:15 - 250 of 449

RNS Lonrho baling out sold another 5 million shares.

gibby - 30 Oct 2013 10:36 - 251 of 449

well bouncing off this mornings lows - seems bottom has been reached and coming back up - trending north strongly now = blue end to the day

yeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
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