African low-cost airline fastjet PLC Tuesday said it will increase capacity on its new route between Dar es Salaam in Tanzania and Lusaka in Zambia after it met strong customer demand, and it predicted it would be providing a daily service on the route in the future.
The airline only launched the route, its second outside Tanzania, on February 3, although it had said at that time that it hoped to be able to increase capacity on the route in the future. It started with a twice-a-week service and will now add a third rotation service each Tuesday. In a statement, it said it has been experiencing high load factors on the route and several flights have been completely sold out.
"Our research suggested that this was going to be a successful route with high demand but initial passenger numbers and interest have exceeded expectations. We expect to add still more capacity on this route - our target is to operate daily," Chief Commercial Officer Richard Bodin said.
Fastjet added that its plans to establish a base in Zambia are progressing. It is incorporating a company in the country and has started the process of getting an air operating certificate in Lusaka.
The airline currently operates several routes within Tanzania under the fastjet brand. Its first "international" route was between Dar es Salaam and Johannesburg, while it added the Lusaka route this month. Fastjet shares were up 5.1% at 2.05 pence Tuesday morning.
Source: LSE
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