1. FastJet - LCC airline features ASSIGNMENT 3 – AIRLINE MANAGEMENT Maxim Roelen Ozyegin University

2. Corporate Information  Founded in 2011, started operations in 2012  Based in Dar es Salaam, Tanzania  3 Airbus 319 aircraft  8 Destinations  To become pan-African LCC  CEO and Chairman Ed Winters  Based on European LCC concept  easyJet-founder Stelios Haji-Ioannou owns 10% share Wesley Moolman Source: Fastjet

3. Future Expansion  10 Additional A319 aircraft by end 2015  New bases in 2015  7 aircraft based in Tanzania (+4), 3 in Zambia (new), 2 in Zimbabwe (new) and 1 in Kenya (new)  Bases in South Africa and Uganda in 2016  Up to 34 aircraft in 2018  9 in South Africa, 7 each in Tanzania and Kenya, 4 each in Uganda and Zimbabwe and 3 in Zambia  Possible Emirates codeshare agreement Source: Ed Winters in Bloomberg, 2014

4. LCC features  Low basic-fares  Point-to-point traffic, no transfer-hub operations  Standardised fleet of A319’s  Encouraging online ticket-sales  Rapid turnaround times for African standards  Fees & Charges for additional services (catering, seat selection, baggage, etc.) Source: Fastjet

5. Atypical features  Free airport check-in  40 minute turnaround, longer than European LCC standards  Use of ‘secondary airports’ not applicable to Africa Source: Fastjet