FJET Fastjet Plc

TIDMFJET

RNS Number : 2503T

Fastjet PLC

15 November 2019

fastjet plc

15 November 2019

fastjet adds second route from Zimbabwe to South Africa

fastjet plc ("fastjet" or "the Group") is pleased to announce the introduction of its new direct route schedule from Bulawayo in Zimbabwe to Johannesburg in South Africa, starting next month.

fastjet Zimbabwe will begin flying the new route on 5 December 2019 with 22 scheduled flights per week, including double-daily frequencies Monday to Friday and with a single flight operation on Sunday.

Commenting on the announcement, fastjet Chief Executive Officer Mark Hurst said: "We are pleased to announce the commencement of the first of several new routes we are planning for 2020, further enhancing our network in the country. Our schedule will allow business travellers wanting to leave and return home from either Johannesburg or Bulawayo on the same day, a complete full working day each weekday, offering a unique schedule advantage over today's existing connectivity.

"Linking Zimbabwe's second-largest city with Johannesburg twice a day is a significant step. We are committed to growing the route and visitor numbers in both directions, and to expanding our overall Zimbabwe network."

Flights will be available for sale from 15 November 2019.

The new route will complement fastjet Zimbabwe's four times daily return service from its hub in Harare, Zimbabwe, to Johannesburg and will be operated by the airline's Embraer ERJ145.

Once passengers have arrived in Bulawayo or Johannesburg, they will also have the option to connect to multiple global destinations on the services of ticketing airline partners Qatar Airways and Emirates, or an airline of their choice.

The new route schedule will increase the airline's daily flights across the network to 114 flights per week.

This announcement is released by fastjet plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Kris Jaganah, Chief Financial Officer.

For more information, please contact:

 
 fastjet plc                              Tel: +27 (0) 10 070 5151 
 Mark Hurst, Group Interim Chief 
  Executive Officer 
  Kris Jaganah, Group Chief Financial 
  Officer 
 
 UK media - Citigate Dewe Rogerson        Tel: +44 (0) 20 7638 9571 
 Angharad Couch 
 Toby Moore 
 Nick Hayns 
 
 For investor enquiries please contact: 
 
 Liberum Capital Limited - Nominated      Tel: +44 (0) 20 3100 2222 
  Adviser and Broker 
 Andrew Godber 
 Clayton Bush 
 James Greenwood 
 William Hall 
 

NOTES TO EDITORS

About fastjet:

fastjet is a multi-award-winning African value airline that began flight operations in 2012. Its awards include, Leading African Low-Cost Carrier World Travel Awards 2016, 2017, 2018 and 2019, and Skytrax World Airline Awards Best Low-Cost Airline in Africa 2017. Today, fastjet connects Zimbabwe with flights between Harare and Johannesburg, Harare and Victoria Falls, Harare and Bulawayo and now Bulawayo and Johannesburg.

Since commencing operations fastjet has flown over 3.5 million passengers and has established itself as a punctual, reliable, and affordable low-cost carrier, with value added services inclusive of free baggage allowance(s), airport lounge access, dedicated check-in and more according to the new fare attributes introduced across their network.

fastjet plc is quoted on the London Stock Exchange's AIM Market.

For more information see www.fastjet.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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November 15, 2019 02:00 ET (07:00 GMT)

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