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Fastjet Flight Bookings
African airline Fastjet (LON:FJET) is entering the low cost South African flights after a joint venture deal was signed with Blockbuster, a local South African investment company associated with President Zuma's son, Edward Zuma. It is expected that Fastjet will commence flights from Johannesburg to Cape Town within mere weeks, picking up the baton where low cost airline 1time Airlines left off due to liquidation.
So get ready to book your Fastjet flights online..
Fastjet had met with 1time Airlines' liquidators as early as March 2013 in a bid to relaunch the low cost airline, but abandoned this negotiation in favour of the deal with Blockbuster.
According to investment news reports, the Fastjet JV will be 25% owned by Fastjet. According to a statement released by Fastjet, a deal has been concluded with local operator Federal Arlines, enabling Fastjet to leverage Federal Airline's trade license and deliver a low cost airline service to the South African market.
The airline currently operats cheap flights in Tanzania, Kenya and Uganda, and will be entering the cheap flights market focusing on the Cape Town to Joburg route upon launch. If all goes according to plan, Fastjet should start operating on 31 May 2013, yet Fastjet tickets will go on sale within the next few weeks already.
Their fast jet flights will run 7 days per week, twice per day, targeting the morning and afternoon flight traffic - and business travellers, in particular.Once the Johannesburg to Cape Town route is established, cheap flights to other key South African destinations will be launched as well.
The airline saw a strategic opportunity in the South African cheap flights market. Fastjet's CEO, Ed Winter, is quoted as saying that there is an opportunity for" a pan-continental, low- cost airline operating the yield management model required to keep airfares affordable for passengers, not just at launch, but also in the long term.”
Winter says that Fastjet will now focus on getting the new airline fully operational to create a unique offering that stimulates the cheap flights market.
No doubt South African flyers will welcome the greater choice range when it comes to low cost airlines - though other domestic SA arlines see Fastjet as a threat. Mango Airlines have recently made public expansion plans very similar to those of Fastjet, and both SAA and Comair may face a tough pricing challenge from the new airline.
1time Airlines' provisional liquidator, Aviwe Ndyamara, said other airlines had objected to Fastjet's entry into the SA flights market. However, he declined to comment any further.
SA Airlines currently does not offer cheap flight bookings on Fastjet - they're not operational yet.
Keep an eye on SA Airlines for more information about the Fastjet launch, or visit www.fastjet.com for more information, or visit our flight bookings process page for more information on how you can book your own flights online.