Fastjet aims to accelerate in Tanzania as ticket sales soar

Marion Dakers
FLEDGLING African airline Fastjet said yesterday its Tanzanian operations are set for further growth after sales were up 22 per cent last month compared to May at £2.2m.

Fastjet said its planes were 78 per cent full, up 10 percentage points, and that it is in the final stages of securing landing slots that will allow it to begin international flights to South Africa.

It said some of June’s rise came from the reintroduction of flights from Kilimanjaro to Zanzibar.

The firm, which earlier this year faced a million pound tax claim in Tanzania, launched its operations in the country last November.

In May, the group revealed total losses of $55.9m (£36.9m) for the 18 months since Fastjet transformed itself from a software company into an airline investment vehicle and its auditors qualified their accounts.

Chairman and chief executive Ed Winter said yesterday he was “delighted with our continued growth in Tanzania”.

Shares in Aim-listed Fastjet closed down 2.5 per cent at 0.98p.