11th Mar 2014 10:14
LONDON (Alliance News) - fastjet PLC said Tuesday it has signed two partnership agreements, marking the launch of ancillary products on fastjet.com.
The African low-cost airline said it signed the deals with Rentalcars.com parent company, TravelJigsaw Ltd and Looking4Parking.com, on February 28, 2014.
The deal with Rentalcars.com will offer low-cost car hire in Africa through fastjet's website, and the Looking4Parking.com deal will provide online parking services in South Africa
Ellis Cain-Jones, Head of Commercial at fastjet said, "Ancillary revenues are a key element of the low cost model and contribute to the airline's revenues. These joint-ventures, together with our rapidly developing on-board retail offering, are the first of a very exciting list of customer-centric products fastjet expects to roll-out over the coming months."
Shares in fastjet were trading down 0.74% at 2.01 pence per share Tuesday morning.
By Alice Attwood; [email protected]; @AliceAtAlliance
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