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."

Good starting day with once again large volume Buying

going places today again, noticing that some investors are taking profits from time to time.
Looks like the high volume yesterday is going to be short of today's

Volume is reaching now yesterday's levels, so ready to surpassed and most likely reaching over 100M by the end of the day

benefiting from low oil prices has been a good omen for the punters and investors alike today as the shares traded reached 127M

Today is another day as the share price fails to break the 1.55p since yesterday
Indicators well at overbought territory and share price well over the top Bollinger Band
and Level 2 not on as good as it should be

sold at 1.50p
39.50% profit on a couple days was good enough

fastjet's January 2015 passenger statistics

fastjet operations in Tanzania carried a total of 55,695 passengers in January 2015 and achieved a load factor of 69%. This represents a 78% increase in the number of passengers carried and a 9% increase in load factor compared with the same month last year,

On-Time Performance remained excellent at 94%Note 3.

Commenting on the figures, Ed Winter, Interim Chairman and Chief Executive Officer of fastjet plc, said: "January is traditionally the month of the year when airlines see the lowest consumer demand. We are therefore very pleased with our trading figures as we build upon our market leading position in Tanzania. We have clearly demonstrated that our low-cost model is stimulating the market and encouraging more and more people to use our reliable and affordable flights rather than road transport."


Year-on-year, the 78% increase in passengers carried in January is well ahead of the 53% increase in number of seats flown, producing a strong uplift in load factor.

fastjet launched its Spring flying programme last week featuring the commencement of the new route linking the two busiest destinations in the fastjet network (Kilimanjaro and Mwanza).

fastjet's February 2015 passenger statistics

fastjet plc is pleased to announce its passenger statistics for the month of February 2015.

The fastjet Tanzanian operations carried a total of 52,801 passengers in February with a load factor of 70%.

fastjet also continues to maintain its excellent punctuality rate with February recording 96% of flights arriving on time. Note 3

Ed Winter, Interim Chairman and Chief Executive Officer of fastjet plc, said:
"With a 50% increase in passengers we continue to see great year on year growth achieved by increased utilisation of our aircraft. As we approach Easter and peak summer months we will be adding even more capacity on existing routes and expanding our route network."

fastjet continues to benefit from falling fuel prices.
fastjet paid 13% less (cost per gallon ) in February compared with January 2015, representing a 37% reduction (cost per gallon) compared to February 2014.

Seat sale
fastjet is delighted to report that during its latest sale event it sold over 24,000 seats. As part of its commercial strategy, fastjet holds several one day sales throughout the year to stimulate seat sales across its network. Targeting off-season periods with traditionally lower demand, the company uses low fares to maximise sales opportunities and achieve higher load factors, a key strategy in low cost carrier revenue management. During the airline's "Mad March Sale", thousands of tickets were available at the lowest fare of $20 on domestic routes and $50 on international routes.

fastjet wins major ecommerce award for customer service
fastjet is also proud to have been awarded the top "gold" award at this year's prestigious Stevie Awards for e-Commerce and Customer Service. On 27th February, the Stevie Awards recognised our high standards of customer service through e-commerce, and chose to award us gold over the other two finalists Delta Air Lines and DHL Express. With a strong and consistent online presence, we've pioneered an online customer service revolution across Africa since our first flight on 29th November 2012. We daily communicate to over 350,000 fastjet followers through social media channels such as Facebook, Twitter and Instagram, as well as email newsletters and blog posts for news and milestones on fastjet. A number that increases with new fans and followers every day.

fastjet announces Zimbabwe Air Service Permit granted

fastjet plc is pleased to announce that, as part of its plans to grow its footprint in Sub- Saharan Africa, it has received an Air Service Permit (ASP) from the Ministry of Transport and Infrastructural Development of the Government of Zimbabwe responsible for administering the Civil Aviation Authority of Zimbabwe (CAAZ). This is a significant step towards the Company obtaining an Air Operating Certificate (AOC) and its plans to launch fastjet Zimbabwe in due course.

Press Speculation

fastjet notes today's press coverage in The Times in relation to a fundraising to fund its growth plans. The Company can confirm that it is currently in talks with potential investors and will provide an update in due course.

Result of Placing of New Ordinary Shares

fastjet (AIM: FJET), Africa's low cost airline, is pleased to announce that, following the launch of a proposed placing today, 1 April 2015, it has successfully placed 5,000,000,000 new ordinary shares (the Placing Shares) at a price of 1 pence per share (on a pre-consolidation basis) (the Placing Price) to new and existing institutional, other investors and fastjet management (the Placing). The Placing, raised gross proceeds of GBP 50 million (approximately USD 75 million) (the Placing Proceeds).

Net proceeds from the Placing will be deployed in two key areas - expansion working capital and the launch and growth of operations in Kenya, South Africa, Uganda, Zambia and Zimbabwe. fastjet will use funds raised in excess of that needed for its working capital requirements to commence an aircraft acquisition programme of used Airbus A319 aircraft.

The Placing was conducted, other than in relation to the Republic of South Africa and the Placing Shares to be subscribed for by Sir Stelios Haji-Ioannou through easyGroup Holdings, by way of an accelerated book-building process. Liberum Capital Limited (Liberum) acted as global co-ordinator (the Global Co-ordinator) and Liberum and WH Ireland Limited (WH Ireland) acted as joint bookrunners (the Joint Bookrunners) on the Placing. In relation to the Republic of South Africa, Sanlam Securities UK Limited (Sanlam) acted as broker on the Placing.

The Placing Price represents a discount of approximately 14.89 per cent to the closing middle market price of 1.175 pence per Ordinary Share on 31 March 2015, being the last business day prior to the announcement of the Placing. The Placing is conditional, inter alia, on the approval of shareholders in a general meeting of the Company to be held on 20 April 2015 and admission of the Placing Shares to trading on the AIM market of the London Stock Exchange plc (AIM) (Admission).

Proposed Consolidation of Existing Ordinary Shares

Placing of 50,000,000 New Ordinary Shares

Notice of General Meeting

fastjet announces that it will today be posting notice of a GM of the Company to all shareholders and will also make the notice available on the Company's website (www.fastjet.com). The GM will take place at the Lingfield Suite, Hilton Hotel, South Terminal, Gatwick Airport, Gatwick RH6 0LL at 9.00 a.m. on 20 April 2015.

Grant of Options

fastjet Passenger Statistics for March 2015

fastjet plc is pleased to announce its passenger statistics for the month of March 2015.

fastjet operations in Tanzania carried a total of 56,808 passengers and achieved a load factor of 70%. This represents an increase of 66% in the number of passengers carried and a 3% increase in the load factor, compared with the same month last year.

Punctuality for the month remained excellent, with 91% of flights arriving on time Note 3. This was despite increased aircraft utilisation with additional flights added to the network.

more....

Result of General Meeting, Approval of Share Consolidation and Completion of Placing

Oh dear , oh dear - this has a whiff of destruction about it...issuing yet more shares Options and CONsolidation . . . . you can't wait for the next hurdle - Yikes. . . . . and they are flying into a rather subdued part of the African Continent...well, Good luck....

Standard Life Investments (Holdings) > 7%

Prudential > 14%

M&G Investment Funds > 14%

Starting to taxi post consolidation.

Majedie Asset Management Limited > 5%

how the chart is looking
Strong movement today

fastjet Passenger Statistics for April 2015

fastjet operations in Tanzania carried a total of 68,088 passengers and achieved a load factor of 73%, the highest monthly passenger total recorded since the commencement of fastjet operations. This beats the previous highest month, December 2014, by 2,500 passengers and represents growth of 90% compared to the same month last year. The load factor grew 7% compared to the same month last year and capacity increased month-on-month by 15%.

more..