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Fly540

Image source: Freebase

Type: Company

Name: Fly540

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Federal Air

Why Fastjet failed to take flight

FASTJET has hit another speed bump en route to local runways.The British-based, London-listed airline, which owns 25% of the local airline with the other 75% held by a murky company co-owned by Edward Zuma, was due to take off on May 31.Ticket sales were ... [Published BDlive - May 19 2013]

Entities: Federal Air, Jacob Zuma, South Africa

First reported May 16 2013 - Updated May 16 2013 - 1 reports

fastjet performance 'remains excellent'

StockMarketWire.com - Low-cost airline fastjet says its operational performance remains excellent 96% of April flights arriving within 15 minutes of schedule and a cancellation rate of less than 1%. The airline carried 32,854 passengers in April at a ... [Published Stock Market Wire - May 16 2013]

Entities: Fly540, Nairobi fly, Load Factor, Low-Cost Carrier

First reported May 03 2013 - Updated May 03 2013 - 1 reports

1time

SUMMIT TV: Can low cost airlines transform Africa?

LINDEN Birns is spokesperson for Airbus in South Africa.SUMMIT TV: South Africa’s commercial aviation sector is never dull. Now SA Express is asking for more than half-a-billion rands in state guarantees and new entrant Fastjet has just less than a month ... [Published BDlive - May 03 2013]

Entities: 1time, Low-Cost Carrier, Airline, South Africa

First reported May 01 2013 - Updated May 02 2013 - 1 reports

Notice of Results

fastjet plc ("fastjet" or the "Company") fastjet plc, Africa's low-cost airline, expects to publish its accounts for the 18 months ended 31 December 2012 by 31 May 2013. For media enquiries please contact: UK media - Citigate Dewe Rogerson Angharad C ... [Published MoneyAM - May 01 2013]

Entities: Tanzania, Fly540, Airbus A319, James Joyce

First reported Apr 28 2013 - Updated Apr 28 2013 - 1 reports

Ed Winter

Fastjet flies into cloudy Zuma skies

WHO would hand over 75% of their business to a consortium involving a man notorious for not paying his bills —$ bills worth millions racked up from pursuing a rock-star lifestyle?Fastjet, a young airline which is fast earning a bad reputation in Africa, ... [Published BDlive - Apr 28 2013]

Entities: Fly540, Ed Winter, Operational Control, Kenya, Aviation

First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

Fastjet’s plan to enter Ghana now realistic

Low cost airline Fastjet now has the all-clear to implement their plan to operate in Ghana and three other African countries.This is after Fastjet signed a Memorandum of Understanding with Fly 540 to end the protracted legal dispute over payment and licensing ... [Published Citifmonline - Apr 25 2013]

Entities: Don Smith, Ghana, Fly540

First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

Fly540

Fastjet inks MOU for South Africa launch; resolves Fly540 dispute

African low-cost carrier Fastjet, tired of waiting on its planned acquisition 1time, is instead planning to launch services in South Africa May 31 in cooperation with South African investment company Blockbuster.read more ... [Published Routes Online - Apr 25 2013]

Entities: Fly540, Solvent, South Africa

First reported Apr 23 2013 - Updated Apr 23 2013 - 3 reports

FastJet licensing dispute with local partner takes new twist

In a statement, FastJet chief executive officer Ed Winter said they had agreed with Five Forty to resolve a dispute that would see withdrawals of court cases against each other. NATIONIn SummaryFastJet, had begun operations in Tanzania in November last ... [Published Daily Nation - Apr 23 2013]

Entities: Fly540, Ed Winter, Don Smith

First reported Apr 23 2013 - Updated Apr 23 2013 - 3 reports

ARM gives FTSE 100 helping hand

iPad chip designer ARM Holdings ( LON:ARM ) helped the UK’s leading share index back above 6,400 after its earnings gave the Footsie a leg-up on Tuesday. ARM closed 11.9% higher, while FTSE 100 powered 125 points or 2% ahead to finish at 6,406, boosted ... [Published Proactiveinvestors United Kingdom RSS feed - Apr 23 2013]

Entities: ARM Holdings plc, Fly540, FTSE 100, Don Smith

First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

?Reliable? fastjet proves popular with passengers

fastjet, the African low-cost carrier backed by Sir Stelios Haji-Ioannou, is claiming a 100% satisfaction rate following its first passenger survey.Over 1,000 passengers completed the online survey, which revealed that efficient service, friendly staff ... [Published E-Tid.com - Apr 17 2013]

Entities: Fly540, Tanzania, Load Factor

First reported Mar 07 2013 - Updated Mar 07 2013 - 1 reports

fastjet starts High Court proceedings to show it "fulfilled obligations" in Fly540 deal

Africa-focused low cost carrier fastjet ( LON:FJET ) said it has begun proceedings in the English High Court seeking a declaration it has fulfilled its obligations under a sales and purchase agreement last year with Donald Smith. Specifically it wants ... [Published Proactiveinvestors United Kingdom RSS feed - Mar 07 2013]

Entities: Fly540, David Lenigas, Kenya

First reported Feb 06 2013 - Updated Feb 06 2013 - 2 reports

Market Movers: RBS, Victoria Oil & Gas, Mediterranean Oil & Gas, Anglo Asian Mining, Lo-Q, fastjet, Summit Corporation

Royal Bank of Scotland ( LON:RBS ) could heap more misery on the British banking sector today as it readies itself for a fine from regulators over rate-rigging. The 82% state-owned bank has revealed it expects to pay “significant penalties” for its ... [Published Proactiveinvestors United Kingdom RSS feed - Feb 06 2013]

Entities: Summit Corporation PLC, Victoria Oil & Gas Plc, Anglo Asian Mining

Quotes

Richard Bodin added: "fastjet recognizes the very strong effect its flights will have on "in-bound" tourism in Tanzania with holidaymakers wanting to move from their Arusha safaris to Zanzibar's stunning beaches. We are already working with Tanzanian Tour Operators and Travel Agents to provide international visitors with access fastjet's safe, reliable and affordable service."

Summer Programme; Update on Routes & South Africa [Published Best Invest - May 16 2013]

"We are pleased to receive a recommendation from the board of Lonrho and our cash offer should provide certainty to shareholders" Mr Frey said on Wednesday

FS Africa to buy Lonrho for £175m [Published BDlive - May 15 2013]

"fastjet is working hard with its South African partners to put this initial route (Johannesburg to Cape Town) on sale shortly."

fastjet Update on South African Launch [Published Best Invest - May 07 2013]

...I had questions where previously they were talking about doing a venture with 1Time where I thought "why would anyone want to come into a market encumbered by all of that debt?" Also, the reputational issues that come with that. I think the approach they’ve taken is good...

SUMMIT TV: Can low cost airlines transform Africa? [Published BDlive - May 03 2013]

More Content

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Why Fastjet failed to take flight [Published BDlive - May 19 2013]
fastjet performance 'remains excellent' [Published Stock Market Wire - May 16 2013]
Summer Programme; Update on Routes & South Africa [Published Best Invest - May 16 2013]
FS Africa to buy Lonrho for £175m [Published BDlive - May 15 2013]
fastjet Update on South African Launch [Published Best Invest - May 07 2013]
SUMMIT TV: Can low cost airlines transform Africa? [Published BDlive - May 03 2013]
Notice of Results [Published MoneyAM - May 01 2013]
Fastjet flies into cloudy Zuma skies [Published BDlive - Apr 28 2013]
Fastjet’s plan to enter Ghana now realistic [Published Citifmonline - Apr 25 2013]
Fastjet inks MOU for South Africa launch; resol... [Published Routes Online - Apr 25 2013]
ARM gives FTSE 100 helping hand [Published Proactiveinvestors United Kingdom RSS feed - Apr 23 2013]
FastJet licensing dispute with local partner ta... [Published Daily Nation - Apr 23 2013]
US shares rise as investors tune in to Netflix [Published Proactiveinvestors United Kingdom RSS feed - Apr 23 2013]
FTSE 100 powers ahead as ARM packs punch [Published Proactiveinvestors United Kingdom RSS feed - Apr 23 2013]
Market Movers: Amur Minerals, Fastjet, Stratex ... [Published Proactiveinvestors United Kingdom RSS feed - Apr 23 2013]
Fastjet and Fly540's Don Smith call off the hounds [Published Proactiveinvestors United Kingdom RSS feed - Apr 23 2013]
Skyteam And GACL Create Awareness On FOD [Published Republic of Ghana - Apr 20 2013]
Travel and Tourism in Kenya to 2017 [Published companiesandmarkets.com - Apr 18 2013]
KQ to hire foreign pilots as union spells out t... [Published Business Daily Africa - Apr 18 2013]
Travel and Tourism in Kenya and Australia to 20... [Published SBWire - Apr 17 2013]
?Reliable? fastjet proves popular with passengers [Published E-Tid.com - Apr 17 2013]
Travel and Tourism in Kenya to 2017 New Market ... [Published Presscontacts.com - Apr 17 2013]
Travel and Tourism in Kenya to 2017 New Market ... [Published MyNewsDesk - Apr 17 2013]
Most followed: National Express, Aviva, Aggreko... [Published Proactiveinvestors United Kingdom RSS feed - Mar 07 2013]
fastjet starts High Court proceedings to show i... [Published Proactiveinvestors United Kingdom RSS feed - Mar 07 2013]
fastjet's February bookings ahead of expectations [Published Proactiveinvestors United Kingdom RSS feed - Feb 08 2013]
Five Forty Aviation Response to FastJet Statement [Published EON Transportation - Feb 07 2013]
Five Forty Aviation Response to FastJet Statement [Published Business Wire Professional Services News - Feb 07 2013]
Market Movers: RBS, Victoria Oil & Gas, Mediter... [Published Proactiveinvestors United Kingdom RSS feed - Feb 06 2013]
Market Movers: RBS, Victoria Oil & Gas, Mediter... [Published Proactiveinvestors United Kingdom website - Feb 06 2013]

Blogs

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Market Movers: RBS, Victoria Oil & Gas, Mediter... [Published Proactiveinvestors United Kingdom website - Feb 06 2013] Royal Bank of Scotland ( LON:RBS ) could heap more misery on the British banking sector today as it readies itself for a fine from regulators over rate-rigging. The 82% state-owned bank has revealed it expects to pay “significant penalties” for ...
A burgeoning revolution [Published Gulliver - The Economist - Dec 29 2012] "THE biggest mistake west African airlines have made", the boss of Starbow Airlines, Brock Friesen, told the Financial Times on Friday, "is try to compete [with big foreign airlines] on long-haul routes." It's a crucial observation, and one that is fuelling ...

Audio/Video

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Fastjet Flies into East Africa [Published ABN Digital - YouTube - Dec 06 2012]

Press Releases

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Five Forty Aviation Response to FastJet Statement [Published EON Transportation - Feb 07 2013]
Five Forty Aviation Response to FastJet Statement [Published Business Wire Professional Services News - Feb 07 2013]
Five Forty Aviation Withdraws Licences from Fas... [Published Business Wire Professional Services News - Feb 06 2013]
Five Forty Aviation Reaction to Press Comment [Published EON Transportation - Jan 28 2013]