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.

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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."

Mondy read the 'talk to yourself thread' your one of the ex advners we were talking about last night.

Your childish copying of posts from advfn wont please the money am management who used to and may still do dislike posts from that board being placed here.

Dont forget advfn started blocking out all money am posts on their board, their was talk of hostile relationships between management of each board according to tipster robbie Burns.

But please go ahead if you want to chance it, like I said before I dont give a jot.

Back to the subject, it will be interesting to see just how dilutive this deal is for long term FJET holders.

Would probably have been better waiting for the Swiss.

Yeb

ALWAYSSKINNY LOL! LOL!

A bit late but busy during the day, but what a supper susprise the news and turnaround on the share price.
Have you notice the RNS they seem to be coming thick and fast.

For anyone who is interested.
http://www.red1x.com/about/company/

forgotten to say, someone tone of posting has change, maybe the big riches expected, have turn into loses already.
And more to come if those shorts are not close in time.

good night

Dont think so I locked in gains, by the way reported you to 'Talk To Yourself Thread'
as advfn incomer causing trouble.

See you bud.

MRSI - I guess the olive box was meant to contain this!

fastjet Secures International Route Approvals

fastjet has been granted permission to launch international flights from Tanzania to South Africa, Zambia and Rwanda marking a major step towards establishing the first-ever pan-African low-cost network.

These route approvals have been granted by the relevant Governments under the Bilateral Air Services Agreements (BASAs) between Tanzania and the other countries.

Issue of Equity & £15m Equity Finance Facility

Further to the Company's announcement on 6th December 2012, fastjet (AIM:FJET) is pleased to announce that it has raised £1,127,000 via a draw down on its Equity Financing Facility ("EFF") with Darwin Strategic Limited ("Darwin"), a majority owned subsidiary of Henderson Global Investors Volantis Capital ("Henderson").

Be careful skinny if you are long here.

I was given something in confidence yesterday evening.

Hope it was a brain transplant? Out of order making comments like that gf.

No Im not Chris. I was given it in confidence. I am not breaking any rules etc etc. It is just speculation at the moment but it seems strange that selling action on the market today in light of bullish news on 2 RNS, saw the SP as flat on the day.

How would you account for that?.

And the post is meant for everyone not just skinny.

gf - If you had said "I was given something in confidence yesterday evening. BUT it is just speculation" then fair enough mate. You didn't say that. Pretty sure skinny is more than capable of making his own mind up either way.

Chris far better that I give my mates on here (and I include you even tho weve had pops at each other over politics of late) the nod rather than let you get done.

Dont forget the City itself and Bankers are corrupt with insider knowledge etc etc.

Its time the PI was given some advantage.

And I dont have a position at the moment but will soon.

Yep fair enough, its 3rd party anyway but I think it could be true.

We will have to see.

3rd party and you only think it could be true? So why bother. De-Ramping a share is just as bad as Ramping a share don't you agree? I'm not trading it either by the way, but that's not the point.

If it turns out to be true it wont be de-ramping will it chris. Anyway if that s the general attitude fair enough I wont bother trying to save pals on here money Ill just keep it to myself along with juicy gossip on the bull side. Ill just e-mail it to a selected few.

So from now on its schtum.

No need to throw your dolly out the pram mate :O) Just thought with your dire warnings against ADVFN posters coming over to MAM and the consequences that you percieved would happen. It was a tiny bit hypocritical to make that remark above. I still love ya :O)

Get a room you two! :-)

I'm quite capable of losing money all by myself thanks - joking apart, I've had a small flutter with 500 quid @0.71p.

Decide to call it a day here.

Genuine bloke on advfn points out how it could develop the country for the poor etc etc.

Thats a good thing and something id want although I still think the management here are very poor and overpaid.

Fingers crossed they get lucky and help the poor of Africa.

Issue of Equity
fastjet (AIM:FJET) is pleased to announce that it has raised £1,099,890 via a draw down on its Equity Financing Facility with Darwin Strategic Limited ("Darwin"), a majority owned subsidiary of Henderson Global Investors Volantis Capital ("Henderson").

Under the terms of the EFF agreement the Company raised gross proceeds of £1,099,890 by way of the issue of 108,900,000 shares of 1p each to Darwin (the "EFF Shares"). The new EFF Shares have been issued at a gross price of 1.01p per share and rank pari passu in all respects with existing ordinary shares of 1p each in fastjet.