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FastJet sign a lease for an Airbus A319 aircraft

fastjet (AIM:FJET), Africa’s low-cost airline, has signed an operating lease with SMBC Aviation Capital Limited for an Airbus A319 aircraft. This aircraft was originally announced on 10 July 2015 when the LOI was signed and will become the fifth aircraft in the fastjet fleet.

The aircraft will commence commercial services in Tanzania on 1 September, serving to expand the network in the region. This will include increasing the Dar es Salaam to Johannesburg route to a daily service.

Ed Winter, Chief Executive Officer of fastjet, commented: “Having reached our target figure for utilisation of our existing Tanzanian fleet, we are delighted to introduce an additional aircraft into Tanzania to satisfy the growing demand for our low-cost flights.”

On 26 August 2015, fastjet announced it had signed a Letter of Intent (LOI) for the purchase of an Airbus A319 aircraft, planned for operation in Zambia. This aircraft will be the sixth aircraft in the fastjet fleet.

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