FASTJET ANNOUNCES INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2015

28 September 2015 - fastjet, the low-cost African airline, announces its unaudited interim results for the six months ended 30 June 2015 and operational highlights of 2015 to date.

Operational highlights

H1 2015

· fastjet Tanzania
o 51% increase in aircraft utilisation (from 6.4 to 9.7 block hours per aircraft per day)

o 56% increase in total capacity (seats flown)

o 94% punctuality – (arrival earlier than or within 15 minutes of schedule)

· Legacy businesses
o Disposal of 100% of fastjet’s holding in Fly 540 Ghana

o Loss-making services of Fly 540 Angola remain suspended

Q3 2015

· Routes
o New international route added from Dar es Salaam to Malawi

o Flight frequencies increased on many existing routes

· Aircraft
o Fourth fastjet Tanzania aircraft entered into service in September 2015

o First fastjet Zimbabwe aircraft, the fifth aircraft in the fastjet group fleet, arrived in Harare on 18 September 2015

o As announced today, first owned aircraft was delivered on 25 September 2015. The sixth in the fastjet group fleet and expected to be the first in the fastjet Zambia fleet

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