As the low-cost airline model needs reliable infrastructure to support the fast turnaround times thi

The airline is owned by London-listed fastjet Plc, which was born when UK-based pan-African investment group Lonrho enterprise car rental locations spun off its aviation business, including enterprise car rental locations East African low-cost carrier Fly540, into a new entity. It is expected that all Fly540 flights will eventually be rebranded to fastjet. Lonrho has a majority stake in fastjet, while easyGroup Holdings owns slightly more than 5%.
To see if these low rates are really available, How we made it in Africa attempted to make a booking for the 1 hour 20 minute flight from Tanzania's commercial hub Dar es Salaam to Kilimanjaro on 14 March, two months in advance. We were offered enterprise car rental locations a rate of 48,000 Tanzanian shillings (slightly more than 30 dollars). However, this rate excludes tax of 11,040 shillings, which brought the total amount to 59,040 shillings (about 37 dollars). Checking in one bag with a maximum weight of 20 kg is an additional 8,000 shillings (around five dollars).
While taxes and the cost of checking in luggage, do bring fastjet's prices up considerably, it is still much cheaper than the rate offered by Tanzanian carrier Precision Air, 41% owned by Kenya Airways, whose online booking system quoted a total of almost 222 dollars for the same flight on the same date.
The first reason is due to what the airline calls "operational savings". These savings are achieved by pre-buying currency and fuel to keep costs low. Fastjet says that it also spends less money on spare parts and maintenance by only using one type of aircraft, the Airbus 319. In addition, the airline employs "clever people, systems and strategies that minimise costs and increase efficiencies".
Secondly, fastjet charges passengers for all extras. Passengers have to cough up extra for everything besides their seat and one piece of hand luggage. enterprise car rental locations "If you want food you can pay for it, but you don t have to if you don t want it. Lots of other airlines run expensive frequent flyer programmes that offer points that you never use, maybe they will offer costly executive lounges, or upgraded cabins. With fastjet we offer a simple product that you can add to, if you want to. Just like a bus service," says the company.
The third way that fastjet keeps its prices down is by charging a range of fares. All fares on its current routes are within the 20-150 dollars range. enterprise car rental locations The further a passenger books in advance, enterprise car rental locations the cheaper the ticket they can get. The company says this is how it keeps flights full and more cost effective.
"The acquisition of 1time supports fastjet s growth into a pan-African low cost carrier and the synergies with fastjet enterprise car rental locations s existing operations enterprise car rental locations will potentially increase the number enterprise car rental locations of available enterprise car rental locations route networks from South Africa into the rest of Africa. 1time will be rebranded as [the] fastjet brand and sold through fastjet.com," commented fastjet CEO Ed Winter enterprise car rental locations in a statement on 19 December.
Interestingly, fastjet Plc chairman David Lenigas, last month announced that he will draw a salary of only one British pound per annum. Lenigas enterprise car rental locations also said that he plans to establish a foundation with any profits he may make from his 20 million share options in fastjet to enable underprivileged children enterprise car rental locations in Africa to experience the joys of flight.
With rising competition, high taxes and a general lack of market liberalisation in many African countries, fasjet's enterprise car rental locations grand ambitions enterprise car rental locations will definitely not be a walk in the park. The company will, however, be an interesting one to watch.
enterprise car rental locations I think that s right, Stuart. At the moment, I understand that it s often easier to fly to Europe and back rather than flying within Africa. If Fastjet expands in a way that avoids having to do that, it could make doing business in Africa a lot simpler.
As the low-cost airline model needs reliable infrastructure to support the fast turnaround enterprise car rental locations times this type of service needs if it is to remain low-cost and profitable, it could be the driver for improvements and increased efficiency at the airports it serves.
Personally I think that Fast Jet will open the channels of business in Africa, making it more than just a low cost airline. enterprise car rental locations The same happened in the UK, when EasyJet was launched it opened Europe enterprise car rental locations to the UK for smaller enterprise car rental locations businesses.
For unmatched insight into Africa's business environment, as well as the latest investment and trade opportunities, subscribe to our FREE monthly email newsletters. enterprise car rental locations Daily email updates are also available
Footwear enterprise car rental locations company seeking African distributors for brands such as Nike, Adidas and Reebok Top wine producer seeking distributors/importers enterprise car rental locations throughout Africa Increased profits through drying and juicing of fruit vegetables Business concept: Produce fresh and uniquely branded potato chips Own your own "Old Fashioned" Fish And Chips franchise Highly profitable machines to start your own business Manufacture quality beverages for the growing African market
Maritz Publishing CC disclaims all liability for any loss, damage, injury or expense however enterprise car rental locations caused, arising from the use of, or reliance upon, in any manner, the information provided through this service and does not warrant the truth, accuracy or completeness of the information provided. The publisher's permission is required to reproduce the contents in any form.