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Tanzania Low-Cost Airline Passenger Load Grew By 66% in March 2015

April 9, 2015
1 minute read

African low-cost air carrier Fastjet (AIM: FJET) announced that for March 2015 its statistics showed and increase of 66% in the number of passengers, compared with the same month last year.

Fastjet operations in Tanzania carried a total of 56,808 passengers and achieved a load factor of 70%.

Ed Winter, Chief Executive Officer of Fastjet, said: “I am delighted to see our passenger numbers continue to rise year on year by 66%. This clearly demonstrates the growth that Fastjet has achieved as our low-cost model continues to stimulate the Tanzanian air travel market.”

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“I am also pleased with the continued growth of our network and aircraft utilisation with the launch of two new routes in March. Linking Kilimanjaro and Mwanza provides a reliable and affordable service for these commercially important areas, whilst serving Entebbe from Kilimanjaro provides direct tourist and business opportunities between Tanzania and Uganda.” Winter added.

In December 2014, Fastjet Tanzania achieved its first profitable month of operations, thanks to maximisation of fleet capacity and improved revenue per passenger.

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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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