Fastjet, by Stelios!


Stelios sbarca in Africa: debutto per Fastjet

Stelios sbarca in Africa: debutto per Fastjet

Nuovo colpo per Sir Stelios. Il fondatore di easyJet riparte dall'Africa con una nuova low-cost: Fastjet.

L'imprenditore britannico ha infatti acquistato con il partner Rubicon la compagnia Fly540 che aveva avviato le attività nel 2006.

Il vettore opererà in Kenya, Tanzania, Angola e Ghana, con quattro basi regionali. "Ci prepariamo al debutto di Fastjet, previsto in novembre - commenta David Lenigas, executive chiarman della compagnia -, voleremo con A319, in linea con gli standard qualitativi che ci siamo riproposti".

easyGroup, holding che fa capo a Stelios, detiene attualmente il 5 per cento del capitale Fastjet ma ha già dichiarato di aumentarlo sino al 10 per cento entro agosto 2014.

(http://www.ttgitalia.com/stories/trasporti/79085_stelios_sbarca_in_africa_debutto_per_fastjet/)

Una nuova o semi-nuova LC in Africa (ma anche una major) mi sembra veramente un azzardo, però credo che Stelios sappia il fatto suo.. vedremo!
 
MarioF ha detto:
Stelios sbarca in Africa: debutto per Fastjet

Nuovo colpo per Sir Stelios. Il fondatore di easyJet riparte dall'Africa con una nuova low-cost: Fastjet.

L'imprenditore britannico ha infatti acquistato con il partner Rubicon la compagnia Fly540 che aveva avviato le attività nel 2006.

Il vettore opererà in Kenya, Tanzania, Angola e Ghana, con quattro basi regionali. "Ci prepariamo al debutto di Fastjet, previsto in novembre - commenta David Lenigas, executive chiarman della compagnia -, voleremo con A319, in linea con gli standard qualitativi che ci siamo riproposti".

easyGroup, holding che fa capo a Stelios, detiene attualmente il 5 per cento del capitale Fastjet ma ha già dichiarato di aumentarlo sino al 10 per cento entro agosto 2014.

(http://www.ttgitalia.com/stories/trasporti/79085_stelios_sbarca_in_africa_debutto_per_fastjet/)

Una nuova o semi-nuova LC in Africa (ma anche una major) mi sembra veramente un azzardo, però credo che Stelios sappia il fatto suo.. vedremo!
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curiosità: quanto ancora Mr Stelios detiene in EasyJet?
 
Ma questa Fastjet di Stelios ha ben poco...sta principalmente usando il suo nome per i titoli ad effetto sui giornali e pubblicitá gratuita, ma in pratica la proprietá e' al 95% di altri investitori
 
FastJet prenderà in leasing 2 A319

October 19, 2012
Africa’s new LCC FastJet to lease two A319s
By: Anne Paylor

DN_FastJet%20A319_courtesy_FastJet.jpg


FastJet A319. Courtesy, FastJet

FastJet, the African low-cost carrier backed by easyJet founder Stelios Haji-Ioannou, has signed operating lease agreements with Volito Aviation for two Airbus A319s, to be delivered in time for its November launch date. These are the second and third of five A319s the airline plans to deploy in Africa within six months of its launch. By the end of its first year, the carrier expects to operate a fleet 15 aircraft (ATW Daily News, Sept. 17).
FastJet has also appointed three executives to the management team—operations director Rob Bishton, formerly of easyJet; general manager-Africa Kyle Haywood, formerly chief executive of Air Uganda; and group chief pilot and head of flight operations Harun Cordan, formerly a Ryanair executive.
FastJet CEO Ed Winter said: “Signing two further aircraft to our fleet and securing delivery in November puts us firmly on track to launch FastJet next month at our first base in Dar es Salaam in Tanzania.” The additions to the management team, he said, were “important strategic hires for us ahead of launch and our inaugural flight in just a few weeks.”
FastJet has also signed a service contract with Swissport International for ground handling and related management services across its operations. The airline has also awarded a five-year contract to Sabena Technics to provide maintenance support for its A319 fleet.
​atwonline.com

 
Greco ha detto:
Lusaka, Angola!

Complimenti!!! Bella figura..
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Mi sono accorto dell'errore, ma non so se sia di FastJet e del giornalista. Resta da vedere se la base sara' Lusaka (Zambia) o Luanda (Angola), dato che quando si parla di air operator certificates si menziona l'Angola.

Mi auto-edito: dal sito FastJet e' comfermata Luanda (Angola).
 
Oltre 8mila prenotazioni nella prima settimana di fastjet

Oltre 8mila prenotazioni nella prima settimana di fastjet

Debutto con il botto per le prenotazioni della nuova low cost panafricana fastjet, fondata da Stelios Ioannou.

La compagnia, che inizierà con il primo volo da Dar el Salaam in Tanzania il 29 novembre, ha ricevuto oltre 8mila prenotazioni nella prima settimana di apertura delle vendite. Un dato, evidenziano dalla compagnia, sufficiente a riempire 60 A319, ovvero il modello che verrà utilizzato per la flotta.

Per l'avvio delle operazioni sono previsti inizialmente tre aeromobili, il primo dei quali è già stato consegnato.

Il vettore ha inoltre confermato di avere ottenuto un finanziamento da 5 milioni di sterline da parte di un fondo di investimenti.

(http://www.ttgitalia.com/stories/tr...renotazioni_nella_prima_settimana_di_fastjet/)

Buon risultato secondo voi?
 
Fastjet confirms bid to buy 1time, possible link-up with Emirates
By: Anne Paylor

Fastjet-A319-courtesy.jpg


Fastjet Airbus A319. Courtesy, Fastjet

New African low-cost start-up Fastjet confirmed it is in negotiations to buy 1time Airline, the South African LCC that went into liquidation last month. The proposed transaction—which is subject to the board, parent 1time Holdings and regulatory approval—would involve Fastjet paying a nominal fee for the purchase of 1time and reaching a settlement with 1time creditors.

Fastjet CEO Ed Winter said: “If this transaction goes ahead—and the timescales are extremely challenging—we would hope to get 1time flying again in time for the Christmas holiday period.” Flights would initially be operated using 1time’s fleet of McDonnell Douglas MD-82s, MD-83s and MD-87s, but Winter said restructuring plans would see a rapid re-fleeting with modern Airbus A319 aircraft.

“The acquisition of 1time would be a complementary strategic fit for Fastjet’s growth into a pan African LCC and the synergies with Fastjet would potentially increase the number of available route networks from South Africa into the rest of Africa. 1time would be rebranded into the Fastjet brand and sold through fastjet.com,” Winter said.

Backed by EasyJet founder Stelios Haji-Ioannou, Fastjet has also confirmed it is in talks about a potential partnership with Emirates. According to Fastjet, Emirates SVP-Commercial Operations for Africa Jean-Luc Grillet has been recently quoted as saying: “We are willing to work with Fastjet. It is an independent carrier and that makes our work easy.”

Winter said the talks were “at an early stage,” but insisted this represented “a great opportunity for both parties.” He explained: “Emirates currently flies to 24 destinations in Africa, while Fastjet launched its operations in Tanzania last month and plans to become a pan-African carrier. A partnership would benefit both Fastjet and Emirates with greater passenger traffic and would give travelers in Africa the opportunity to connect to the rest of the world through Emirates’ Dubai hub, with Fastjet providing passengers from African cities.”

atwonline
 
AZ Fanatic ha detto:
Fastjet confirms bid to buy 1time, possible link-up with Emirates
By: Anne Paylor

Fastjet-A319-courtesy.jpg


Fastjet Airbus A319. Courtesy, Fastjet

New African low-cost start-up Fastjet confirmed it is in negotiations to buy 1time Airline, the South African LCC that went into liquidation last month. The proposed transaction—which is subject to the board, parent 1time Holdings and regulatory approval—would involve Fastjet paying a nominal fee for the purchase of 1time and reaching a settlement with 1time creditors.

Fastjet CEO Ed Winter said: “If this transaction goes ahead—and the timescales are extremely challenging—we would hope to get 1time flying again in time for the Christmas holiday period.” Flights would initially be operated using 1time’s fleet of McDonnell Douglas MD-82s, MD-83s and MD-87s, but Winter said restructuring plans would see a rapid re-fleeting with modern Airbus A319 aircraft.

“The acquisition of 1time would be a complementary strategic fit for Fastjet’s growth into a pan African LCC and the synergies with Fastjet would potentially increase the number of available route networks from South Africa into the rest of Africa. 1time would be rebranded into the Fastjet brand and sold through fastjet.com,” Winter said.

Backed by EasyJet founder Stelios Haji-Ioannou, Fastjet has also confirmed it is in talks about a potential partnership with Emirates. According to Fastjet, Emirates SVP-Commercial Operations for Africa Jean-Luc Grillet has been recently quoted as saying: “We are willing to work with Fastjet. It is an independent carrier and that makes our work easy.”

Winter said the talks were “at an early stage,” but insisted this represented “a great opportunity for both parties.” He explained: “Emirates currently flies to 24 destinations in Africa, while Fastjet launched its operations in Tanzania last month and plans to become a pan-African carrier. A partnership would benefit both Fastjet and Emirates with greater passenger traffic and would give travelers in Africa the opportunity to connect to the rest of the world through Emirates’ Dubai hub, with Fastjet providing passengers from African cities.”

atwonline
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Le premesse per un' operazione di successo ci sono tutte: capitali, know how, vision, rete di contatti, credibilitá, credito, mercato...
 
Riassunto e aggiornamento dei risultati Fastjet sui primi 18 mesi di attività:

Fastjet: Results for the 18 month period to 31 December 2012

On 18 November 2011, the Company, when it was called Rubicon Diversified Investments Plc, announced its intention to adopt a new investing policy. The Company aimed to seek an acquisition or acquisitions in the global aviation services sector with a focus on Africa.

On 23 February 2012, the Company announced it was in discussions to acquire Lonrho Plc’s aviation businesses operating in Africa. Trading in the existing ordinary shares was suspended on 23 February 2012 until the Company could enter into binding agreements and publish an Admission Document for the enlarged Group.

On 8 May 2012, the Company announced it had entered into a brand licence with Sir Stelios Haji-Ioannou's easyGroup Holdings Limited (“easyGroup”), under which it had agreed to licence the fastjet brand from easyGroup subject to certain conditions including the completion of the Acquisition (the "Brand Licence"). Under the Brand Licence, the Company agreed to issue to easyGroup shares equal to 5% of the Company's diluted share capital and options over a further 10% of the Company's diluted share capital. Sir Stelios and easyGroup also agreed to provide consultancy services to fastjet for the duration of the Brand Licence. easyGroup has the right to appoint two Directors to the Board of fastjet whilst the Brand Licence is in force.

On 13 June 2012, the Company announced that it had entered into an acquisition agreement to acquire the entire issued share capital of Lonrho Aviation (BVI) Limited (“Lonrho Aviation”), the holding company representing Lonrho Plc’s interest in a pan-African airline business operating under the ‘Fly540’ brand, plus a 49.98% economic interest in Five Forty Aviation Limited (“Fly540”). On the same date, the Company published an Admission Document.

On 29 June 2012, at a general meeting of the Company's shareholders, resolutions were passed, approving the Lonrho Aviation acquisition and the acquisition of a further 49.98% economic interest in Fly540 Kenya (together "the Acquisition"). The Acquisition was completed on 2 July 2012.

Directorate

In July 2012, Edward Winter was appointed Chief Executive Officer of fastjet. Edward has vast experience in the low-cost aviation business, as a founder of Go and former Chief Operating Officer of easyJet, as well as a long history in the broader airline industry as chief pilot and in senior management roles at British Airways. His knowledge and leadership has been a great asset to the Company as we launch and grow fastjet. Edward is one of the two easyGroup nominees to the Board.
In December 2012, Richard Blakesley resigned from the Board as Finance Director and was replaced by Angus Saunders. Angus has extensive experience in the global aviation industry and was previously Finance Director of British Mediterranean Airways Limited.

fastjet Launch

fastjet launched its new low-cost services on 29 November 2012, with the first aircraft commencing operations from Dar-e-Salaam in Tanzania. In anticipation of the launch, a substantial amount of preparation work had been completed on the operational, sales and marketing, recruiting, IT and regulatory side to ensure the fastjet launch met its stated commitment of supplying an airline that operated to international standards. The head office team has been strengthened with the hiring of key individuals with strong global airline backgrounds from the likes of easyJet and Ryanair.

Current Trading

A review of current trading is provided in the Chief Executive’s Review. Unfortunately, the Fly540 operations have not performed to our expectations and we have made an impairment to goodwill and to investments (see note 3).

Funding

In March 2013, the Company announced that it had entered into a convertible securities deed with Bergen Global Opportunity Fund, LP (“Bergen”), an institutional investmentfund managed by Bergen Asset Management, LLC, a New York asset management firm, in connection with zero coupon convertible securities with a nominal amount of up to £15,681,750.

Future Initiatives

The South African market is seen by the fastjet Board as a significant opportunity and essential to fastjet’s pan-African ambitions. In recent months we have been in discussions with a number of South African-based entities to support our market entry strategy.

In April 2013, the Company announced the signing of a Memorandum of Understanding ("MoU") with local South African investment company Blockbuster, with the objective of fastjet operating services in South Africa by the end of May 2013. Blockbuster is associated with a number of high profile South Africans. It is anticipated that the new entity will be 75% owned by Blockbuster, in compliance with South African law, and 25% owned by fastjet. fastjet is targeting early July 2013 to launch the initial Johannesburg to Cape Town route.

A commercial arrangement has also been struck between Blockbuster and local operator Federal Airlines, a company with a 20 year history in South Africa, which will facilitate bringing the fastjet low cost brand to the South African public.

Outlook

The next few months will represent a greater transformation for the Company as we endeavour to further implement and grow the fastjet business model. The Board is confident it has the right strategy and team in place to build a successful and profitable future for our shareholders.

The current Board would like to take this opportunity to thank its staff and our shareholders for their continued support during this initial start-up phase.

David Lenigas
Executive Chairman
31 May 2013

http://www.fastjet.com/tz/corporate...s-for-the-18-month-period-to-31-december-2012
 
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