The low-cost model
pioneered by Sir Stelios Haji-Ioannou that rocked Europe's traditional
airlines is spreading across Africa. Tickets went on sale last week for
the first flights on Fastjet, the latest brainchild of the Greek
entrepreneur, which will start flying from Dar es Salaam in Tanzania at
the end of the month for prices starting at 32,000 Tanzanian shillings
(£13) – plus the inevitable baggage charges and taxes.
While
Fastjet has yet to secure the final paperwork for its transnational
routes, it expects to be selling Kenyan and Ugandan destinations
alongside its regional service within weeks, and ultimately aims to grow
into a pan-African low-cost airline.
Fastjet's chief executive,
Ed Winter, a former director of easyJet under Haji-Ioannou, said: "It
takes a long time in Africa to work beyond the bureaucracy and the
politics, but the vision is a network across Africa."
The
business has merged with Fly540, an airline that will gradually
disappear as Fastjet grows, but gives it assets in Angola and Ghana as
well as east Africa. Broader expansion will mean working with other
airlines, to circumvent red tape, although consumers will fly in
aircraft branded with Fastjet's African grey parrot logo and book
through the same website.
Africa is ripe for aviation investment,
with huge distances between cities and poor road and rail
infrastructure. However, a poor safety record has blighted African
airlines, with many carriers barred from European airspace by safety
regulators.
Winter said: "At the moment, getting around is
incredibly difficult. Put in a reliable service and people will want it.
We'll be bringing travel to people who don't even dream of flying." He
promised safety would be "everyone's number one priority" with pilot
training consistent and centralized.
He said the cost of flying
in Africa averaged four times that of Europe and that savings were
clearly possible: "It's the standard low-cost model. You utilize assets,
plan properly, get smart people to be efficient and drive lower costs.
"Fast
turnarounds will be a challenge – some airports in Africa are not
equipped to deal with that. But the lessons we've learned around the
world from low-cost airlines will be imported into Africa."
Haji-Ioannou,
who first got the business plan under way in partnership with Lonrho,
retains a 5% shareholding and a consultancy agreement. He will join
Fastjet's board but will not,Winter said, be "hands-on".
Winter hopes the African grey parrot is an apposite logo: "It's smart, and lives the longest of them all."
Source: http://www.guardian.co.uk
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