Fastjet Zimbabwe Limited, also known and styled as fastjet Zimbabwe,[1] is a low-cost and IOSA Registered airline that has been incorporated to operate flights under the fastjet brand in Zimbabwe. It is the second locally incorporated airline to operate under the fastjet brand, following the example of Fastjet Tanzania.[1]
History
Fastjet's first flights to Zimbabwe were operated by Fastjet Tanzania, between Harare International Airport and Dar es Salaam's Julius Nyerere International Airport, and commenced in August 2014.
On 18 January 2016, Fastjet Zimbabwe declared its first international route between Harare and Johannesburg, to be served daily from 1 February 2016.[4]
As part of the Stabilisation Plan of Fastjet plc from August 2016,[5] which included a move to smaller aircraft across the Group, the single Airbus A319 based in Zimbabwe was replaced by (at first) one Embraer E145 aircraft.[5] A second E145 was utilised from July 2017, with an increase in the number of routes and flights.[6]
Corporate affairs
Ownership
Fastjet Zimbabwe is a Zimbabwean-registered company that is 49% owned by Fastjet Plc. Fastjet Zimbabwe has a local board of directors, and meets all the required nationality standards under which it can be named by the Zimbabwean CAA as a designated airline to fly to other countries under the usual bilateral air services agreements.[1][7]
Business trends
Fastjet Zimbabwe began operating in October 2015. Financial results are fully incorporated in the Fastjet Limited group accounts, but information has usually also been made available for the Fastjet Zimbabwe operation (as at period ending 31 December):