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Tanzania Low-Cost Airline Increases Load Factor To 70% in February 2015

March 17, 2015
1 minute read

Tanzania-based low-cost carrier, Fastjet, has recently released it February 2015 passenger statistics that show an increase in the load factor to 70% from 69% in January 2015.

Fastjet Tanzanian operations carried a total of 52,801 passengers in February 2015, versus 35,100 in February 2014.

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.”

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

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Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

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