Fastjet sets sight on flying to Kenya



from ANTONY LANGAT in Nairobi, Kenya
NAIROBI – FASTJET, a low cost airline with operations in some countries in Africa, has incorporated a company in Kenya, Fastjet Kenya, as part of its goal to launch a base in the country.

Further, Fastjet Kenya has submitted its Air Service Licence (ASL) application to the Kenyan Civil Aviation Authority (KCAA).

To comply with local airline ownership rules in Kenya, 51 percent of the equity of Fastjet Kenya is owned by a Kenyan national.

The balance is ultimately held by Fastjet plc.

The ASL application process requires all airlines to formally submit a detailed business plan incorporating its proposed operation, network, aircraft specification, operational plan and commercial strategy.

The ASL is a significant step toward obtaining a full Air Operating Certificate which will allow the commencement of operations domestically within and internationally from Kenya.

The KCAA has indicated that the application, along with all other applications, will be gazetted in Kenya on Friday.

The public hearing will be held 21 days after publication, following which a decision will be rendered by the authority.

“This is an important step for Fastjet” said Ed Winter, Chief Executive Officer of Fastjet.

“We have submitted a comprehensive application to the authorities who have confirmed that Fastjet Kenya has entered the approval process.”

Winter said that they were look forward to bringing the Fastjet operation to Kenya, offering their market stimulating fares, excellence on time performance and friendly service.

“We are excited at the prospect of extending the footprint of the Fastjet operation through greater penetration of the African market with a Kenyan-based airline.

“This is in addition to the application for Fastjet Tanzania to operate services into Kenya from Tanzania. The process for designation of Fastjet Tanzania is ongoing,” he said.

– CAJ News





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Posted by on Aug 27 2014. Filed under Aviation, Featured, Investing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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