Results of General Meeting

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fastjet Plc ("fastjet" or the "Company") Result of General Meeting 29 July 2019 fastjet, the African value airline, is pleased to announce that all resolutions put to shareholders at the Company’s General Meeting held earlier today were duly passed. For more information, contact: fastjet Plc Tel: +27 (0) 10 070 5151 Nico Bezuidenhout, Chief Executive Officer Mark Hurst, Deputy Group CEO Kris Jaganah, Chief Financial Officer Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571 Financial PR Angharad Couch Toby Moore Nick Hayns Liberum Capital Limited Tel: +44 (0) 20 3100 2222 Nominated Adviser and Broker Andrew Godber Clayton Bush James Greenwood, William Hall NOTES TO EDITORS About fastjet Plc fastjet is a multi-award-winning value African airline that began flight operations in 2012. Its awards include, Leading African Low-Cost Carrier World Travel Awards 2016, 2017, 2018 and 2019, and Skytrax World Airline Awards Best Low-Cost Airline in Africa 2017. Today, Fastjet connects Zimbabwe by flying between Harare and Victoria Falls, Harare and Bulawayo. It also offers flights from Harare and Victoria Falls to Johannesburg in South Africa. In November 2017 fastjet also began fastjet branded domestic flights in Mozambique, using one Embraer E145, a 50-seater aircraft operated by Solenta Aviation Mozambique. As part of a codeshare agreement entered with LAM – Mozambique Airlines, fastjet is able to offer its customers flights between Maputo, Tete, Beira and Quelimane. Since commencing operations, fastjet has flown over 3 million passengers and has established itself as a punctual, reliable, and affordable low-cost carrier. .

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(AIM: FJET) Final Results for the Year to 31 December 2016 30 May 2017 Fa
fastjet Plc ("fastjet" or the “Company”) (AIM: FJET) Final results for the year to 31 December 2016 30 May 2017 fastjet, the low-cost African airline, announces its audited final results for the year ended 31 December 2016. The table below shows the financial performance of the fastjet Group’s continuing activities. 2016 2015 US$ US$ Revenue 68.5m 65.1m Group Operating loss (63.9)m (37.9)m Loss from continuing activities before tax (65.8)m (35.9)m Loss from continuing activities after tax (66.0)m (36.2)m Profit/(loss) from discontinued activities after tax 18.0m 14.3m Loss for the year after tax (48.0)m (21.9)m Loss per share from continuing activities (0.84) (0.71) Cash balance at year end 3.6m 28.9m Strategic highlights ● Nico Bezuidenhout appointed CEO on 1 August 2016. ● Stabilisation Plan initiated comprising: o Major cost reductions o Fleet transition to smaller aircraft o Head office relocation to Johannesburg o Revenue initiatives including route rationalisation ● Successful capital fundraising of approximately US$20.0m before expenses in August 2016 ● Strategic and operational partnership with Solenta Aviation Holdings concluded in January 2017 providing 3 E145 aircraft at reduced lease rates and Solenta acquiring a 28% shareholding in fastjet. ● Additional capital raise of approximately US$28.8m before expenses in January 2017, reflecting optimism in the strategic outlook for fastjet Operational highlights ● Named Africa’s Leading Low-Cost Airline 2016 at the World Travel Awards ● Revenues increased by 5% to US$68.5m (2015:
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Suspension of Fastjet Mozambique
21 October 2019 fastjet Plc ("fastjet" the "Company" and together with its subsidiaries the "Group") Suspension of flight operations in Mozambique fastjet plc announces that from midnight on Saturday 26 October 2019, fastjet Mozambique will be suspending its flight operations in Mozambique, including flights under its code-share arrangements with LAM Mozambique Airlines. As detailed in fastjet’s 2019 Interim Results announcement and April Trading Update, competition in Mozambique began to intensify at the end of 2018 with the market entry of Ethiopian Airlines as a domestic carrier. This increase in aircraft and capacity supply, coupled with two category 5 tropical cyclones at the beginning of 2019 which suppressed passenger demand, led fastjet to scale back frequency on routes and to reduce overall capacity in Mozambique. As a result, fastjet Mozambique reported significantly reduced revenue of US$1.9m in the first half of 2019 (H1 2018: US$4.2m) out of total revenue for the Group of US$19.7m. Following continued losses (US$2.4m in the first half of 2019) and the ongoing oversupply of available seats by other carriers, fastjet has decided to suspend all flight operations in Mozambique. It is expected that costs related to the suspension of flight operations in Mozambique including refunds will amount to around $150k. However, fastjet remains committed to returning to Mozambique once demand for air travel in the country increases sufficiently compared to capacity supplied. The suspension of flights in Mozambique does not affect any of the operations of fastjet Zimbabwe, the leading airline brand in Zimbabwe, which continues to operate between Harare, Johannesburg, Bulawayo and Victoria Falls.
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Proposed Cancellation of Admission to Trading on AIM
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Fastjet Plc ("Fastjet" Or the “Company”) (AIM: FJET) Directorate Change Tel
fastjet Plc ("fastjet" or the “Company”) (AIM: FJET) Directorate Change 19 September 2018 fastjet, the African value airline for everyone, announces today that Peter Hyde, a Non-Executive Director (NED) since April 2017, has resigned as a Director of the Company. With the recent appointment of Mark Hurst and due to his other time commitments, Peter has decided that now is an appropriate time to step down from the Board. Rashid Wally, Non-Executive Director and fastjet Chairman, commented: "Peter has chaired the Audit Committee through a challenging period and demonstrated a total commitment to the development of the Company. We thank him for his contribution as a fastjet NED.” Peter Hyde said: "Although the trading and operational environment has been challenging, I have much enjoyed my time on the fastjet Board.” For more information, contact: fastjet Plc Tel: +27 (0) 10 070 5151 Nico Bezuidenhout, Chief Executive Officer Michael Muller, Chief Financial Officer UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571 Angharad Couch Eleni Menikou Toby Moore Nick Hayns GM Marketing Communication – Hein Kaiser Tel: +27 (0) 10 007 5151 For investor enquiries please contact: Liberum Capital Limited – Nominated Adviser and Broker Tel: +44 (0) 20 3100 2222 Clayton Bush Andrew Godber Trystan Cullen NOTES TO EDITORS About fastjet: fastjet is a multi-award winning (including Skytrax World Airline Awards Best Low-Cost Airline in Africa 2017 and Leading African Low-Cost Carrier, World Travel Awards 2016 and 2017) African value airline for everyone that began flight operations in Tanzania in November 2012, flying passengers from Dar es Salaam to just two domestic destinations - Kilimanjaro and Mwanza.
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Response to Share Price Movement
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1 Attribution-Noncommercial
Downloaded from: http://bucks.collections.crest.ac.uk/ The Future for African Air Transport: Learning from Ethiopian Airlines Nadine Meichsner1, John F. O’Connell1,2,*, David Warnock-Smith3 This document is protected by copyright. It is published with permission and all rights are reserved. Usage of any items from Buckinghamshire New University’s institutional repository must follow the usage guidelines. Any item and its associated metadata held in the institutional repository is subject to Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) Please note that you must also do the following; • the authors, title and full bibliographic details of the item are cited clearly when any part of the work is referred to verbally or in the written form • a hyperlink/URL to the original Insight record of that item is included in any citations of the work • the content is not changed in any way • all files required for usage of the item are kept together with the main item file. You may not • sell any part of an item • refer to any part of an item without citation • amend any item or contextualise it in a way that will impugn the creator’s reputation • remove or alter the copyright statement on an item. If you need further guidance contact the Research Enterprise and Development Unit [email protected] 1 The Future for African Air Transport: Learning from Ethiopian Airlines 1 1,2,* 3 Nadine Meichsner , John F. O’Connell , David Warnock-Smith 1 Centre for Air Transport, Cranfield University, Bedford, MK43 0AL, UK 2 Centre for Aviation Research, School of Hospitality and Tourism Management, University of Surrey, Guildford, Surrey, GU2 7XH, UK 3 School of Aviation and Security, Buckinghamshire New University, High Wycombe campus, Queen Alexandra Road, High Wycombe, HP11 2JZ * Corresponding author: [email protected] Abstract The African air transport market has been a laggard in development, remaining encircled by a plethora of problematic issues that curtailed its expansion and prosperity for decades.
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Annual Report and AGM Delay
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Contracts with Solenta 9 July 2020 Fastjet, the Lo
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