Dar es Salaam -African budget airline
Fastjet Plc said its first international flight, scheduled on Friday
between Dar es Salaam and Johannesburg, had been postponed after South
African officials made a last-minute request for additional
Fastjet, backed by easyJet founder Stelios Haji-Ioannou, said it did
not expect the delay to have a material effect on the financial
performance of its Tanzanian unit.
Shares in London-listed Fastjet were down 9 per cent at 5.91 pence at 10.34 a.m GMT.
The company, which has ambitions to become the first pan-African
low-cost carrier, operates within Kenya, Tanzania, Ghana and Angola.
The airline said it delivered the documents without delay, but that the South African Department of Transport would need several days to process them.
"Administrative delays of this nature are not unusual in the markets
in which we operate," Chief Executive Ed Winter said in a statement.
Fastjet said it would offer affected passengers a refund as well as a
complimentary seat to fly within the next month, certain it will be
operating the route by mid-October.