Fastjet eyes prime African opportunities

2012-12-10 13:49

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Brand new African budget airline Fastjet said it was in potential partnership talks with Emirates Airline.

Consumer demand for the resource rich African continent is on the rise and Fastjet seems to be well aware of this as it negotiates with the Middle East carrier that has used its Dubai hub to connect travellers in Africa to the rest of the world.

"Talks are at an early stage but this represents a great opportunity for both parties," Fastjet Chief Executive Ed Winter said in a statement.

Fastjet, a subsidiary of London-based Lonrho, began commercial flights in November with its inaugural flights between Dar es Salaam and Mwanza, as well as Dar es Salaam and Kilimanjaro- being almost 78 percent full. 

The airline is also awaiting regulatory approval to purchase 1time Airline from its parent company, 1time Holdings. The proposed transaction would involve fastjet paying a nominal fee for the purchase of 1time Airline and reaching a settlement with the 1time creditors and rebranding to become operational before 2013.

BD live reports that industry experts say the carrier might do better to partner with the founders of 1time who are also in the process of launching a low cost airline, Skywise who has an unencumbered new licence. However, Glenn Orsmond, one of 1time’s founders seeking to launch the new airline, is said to have laughed off the suggestion.

Disgruntled 1time employees have since launched a petition against the new operating licence application accusing the former founders of alleged misconduct that lead to the situation 1time now finds itself in.

In both instances, the Fastjet and Skywise negotiations and applications have to yet to be concluded.

Read more on:    flights  |  travel south africa  |  travel international  |  aviation

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