Stelios' fastJet sets date for Africa take-off
Wednesday 04 July 2012
FastJet, the new budget African airline brand that easyJet founder Sir Stelios Haji-Ioannou is trying to get off the ground, has chosen Airbus A319 aircraft and says it could be flying passengers by October.
The airline came about after a reverse takeover, finalised last month, in which infrastructure group Lonrho put its existing African aviation business — focusing on Kenya, Ghana and Tanzania — into AIM-listed cash shell Rubicon. Sir Stelios took a 5 per cent stake.
FastJet said yesterday that it will lease at least five Airbus A319 in the next six months and up to 15 within a year. Rubicon's chief executive Ed Winter, who previously worked at British Airways' budget offshoot Go, said: "The decision to launch with the Airbus A319 enables us to expand rapidly [with] passenger numbers doubling from current levels within six months."
Africa's aviation industry is valued at an annual $56bn (£35.7bn) but is known for a poor safety record and unreliability.
David Cameron stung by jellyfish: PM hurt after ignoring advice of locals while on holiday
South Korea ferry: Vice principal rescued from sinking ship found hanged
Hollande's affair: Catherine Deneuve and Sophie Marceau in war of words over President's relationship with Julie Gayet
Kim Jong-un, crowds and contraband: Inside North Korea with the the Pyongyang marathon winner
Cover up! Mother told to show less cleavage during Disneyland family trip: 'Are we supposed to wear turtlenecks our whole lives?'
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
Nigel Farage: I’m taking on the status quo, and the Establishment’s fighting back
'Sinful': Video of British Muslims dancing to Pharrell Williams's hit Happy comes under attack
- 1 KFC 'sorry' after lesbian couple are kicked out of Bath restaurant for 'heavy petting'
- 2 Dylan Tombides: West Ham confirm 20-year-old striker has died after battle with cancer
- 3 24 people applied for the 'world's toughest job', here are their interviews
- 4 'Sinful': Video of British Muslims dancing to Pharrell Williams's hit Happy comes under attack
- 5 Saudi Arabia declares all atheists are terrorists in new law to crack down on political dissidents
iJobs Money & Business
£150.00 per week: QA Apprenticeships: This company has been providing on site ...
£221.25 per week: QA Apprenticeships: This company is a well established Inter...
£40000 - £50000 per annum: Harrington Starr: Client Relationship Manager - SQL...
£35000 - £50000 per annum: Pro-Recruitment Group: Take your chance to join the...