17th Apr 2014 10:40
LONDON (Alliance News) - Fastjet PLC said Thursday that it had seen passenger numbers, average yield per passenger and load factor ahead of the previous year in March.
The airline saw total passenger numbers of 74,777 in March, up 3.5% from 72,247. It said that it had seen good results considering the generally low demand during the time of year, ahead of the peak Easter period in April.
Its operations in Tanzania saw total passengers of 34,536, up from 28,672 in the previous year, and a load factor of 67% up from 65%.
Average yield per passenger was USD88 compared to USD52.
The company will no longer announce its average passenger per yield after March, saying that "this information is increasingly becoming competitively sensitive in Tanzania."
Passenger numbers at its legacy business Fly540 continued to decline as expected, Fastjet said, and it continues to restructure those businesses.
Shares in Fastjet last traded up 0.3% at 1.73 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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