fastjet (AIM:FJET), Africa’s low-cost airline, has signed a Letter of Intent (LOI) for the purchase of an Airbus A319 aircraft (the Aircraft). The Aircraft is expected to be ready for operations by the end of September 2015 and is planned as the first aircraft for the fastjet Zambia fleet.
“Following our recent announcement of the fourth and fifth aircraft joining our fleet, the addition of this owned Aircraft by the end of September will see the fleet double in size to six once each of these aircraft are operational,” said Ed Winter, fastjet Chief Executive Officer.
“Each additional aircraft is able to make up to 1,000 more seats per day available to fastjet’s customers. Based on the 75% load factors currently being projected by fastjet, each aircraft in the fleet is projected to carry approximately 275,000 passengers per annum. Our successful fundraising in April 2015 was, in part, to fund the acquisition of aircraft. We conducted an extensive review of available aircraft and I am delighted to announce this milestone event,” he said.
ATR identified 209 new domestic air routes in Indonesia that would be economically viable if served by regional turboprop aircraft. Total demand for these routes is 16 million passengers per...
ATP Flight School has reintroduced its 100+ Hour Multi-Engine Airline Career Pilot Program at select training centers, bringing students multi-engine flight time at single-engine prices.&nbs...
Queensland-based Horizon Airways has signed an order for a second Tecnam P2012 STOL aircraft. Slated to join the Australian fleet by the end of 2026, this subsequent order rapidly...
FAI rent-a-jet has further strengthened its fleet with the addition of a Bombardier Global 6000 (D-AFAN, MSN 9471). The acquisition was completed just five weeks after the LOI was signed, underli...
