Fasjet To Launch Operations In South Africa
JOHANNESBURG – Uk-based low cost African airline, fastjet, is a step closer to launching its business in South Africa this month positioning it as the second low-cost carrier to launch in Africa’s largest economy.
The airline and its partner, Federal Airline will ”wet lease” a Boeing 737-300 from Starcargo Airlines, an experienced aircraft leasing company at OR Tambo International Airport for its planned air service between Johannesburg and Cape Town. Starcargo will provide the crew, maintenance and insurance while Federal Airline will operate the service for fastjet Holdings which owns 25 percent interest of the business.
The arrangement will last for 6 months, giving fastjet time to obtain permission to operate its Airbus 319 jets in South Africa.
”fastjet is working hard with its South Africa partners to put its initial route (Johannesburg to Cape Town) on sale shortly.”
Federal Airline local operator, Brad Dickson said the airline is expected to start selling tickets in about a week.
”We are basically completing the process in terms of the regulatory requirements and driving the necessary bodies. We anticipate the opening of booking around 15 May and the first ride will be on 31 May.”
fastjet partnered Blockbuster, an investment company owned by Jacob Zuma’s son, Edward Zuma and business man, Yusuf Kajee after renegading from its interest to buy bankrupted 1time airline. Both will be using Federal Air, a SA air charter serviced based at OR Tambo to operate its flight.
South African investors hold 75 percent of the new airline, making it compliant with registrations on an air license ownership.