Cape Town - Low cost airline fastjet is in discussions with the Zambian government to move the airline's base to Lusaka.
The airline stated in a press release the new operation, whilst being distributed and marketed as a part of
the pan-African fastjet network, would be a Zambian registered company
in which fastjet plc will have a substantial stake.
"The business
and political environment in Zambia is very progressive and fastjet's
discussions to date with the Zambian government, Tourist Board and other
stakeholders have been very positive, " Ed Winter, fastjet’s Chief
Executive Officer said.
The Company believes the establishment of
its operation would benefit the country and its people through the
expansion of trade and tourism links, as well increase safety and
reliability improvements to the Zambian aviation industry.
The
airline anticipates its Air Services Licence and Air Operator
Certificate applications would take up to six-months to complete but in
the interim the airline would service the market via it recently
announced second international route, Lusaka – Dar es Salaam, beginning 1
February.
While landlocked, Zambia has borders with Tanzania,
Malawi, DRC, Namibia, Botswana, Angola and Zimbabwe and has significant
regional trade links with its neighbours.
South Africa is a
major trading partner and provider of technical expertise. Zambia is a
significant producer of copper with exports to China. The economy is
growing substantially with average annual real GDP growth in excess of
6% since 2005.
fastjet confirmed it would like to service a
number of key domestic routes through its low-cost model, specifically
between Lusaka, Ndola and Livingstone.
"Ndola, on the DRC border and in the centre of the copper belt, is a key hub which is currently poorly served," said Winter.
"On
many routes, Zambian people currently have to undertake long and
dangerous road journeys. Typical is the route from Lusaka to Dar es
Salaam, which will be served by fastjet Tanzania from 1st February 2014,
where thousands of people per day undertake the 24 hour road journey.
"Regional
international routes are all provided by non-Zambian airlines, with the
key route from Lusaka to Johannesburg being served with seven flights
per day by South Africa Airways and its associates."fastjet said it was confident that its market-stimulating pricing model will grow traffic on these routes substantially.
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