Published on Tuesday, January 29, 2013
FastJet has signed an agreement with Kenyan airline Jetlink to launch its brand in Kenya.
The low cost African carrier has signed a Memorandum of Understanding with Jetlink.
Under the terms the two airlines are working together to create a joint venture which will see the launch of FastJet in Kenya.
Jetlink launched in 2004 and has traffic rights to all domestic destinations in Kenya, as well as a number of regional destinations.
Its operations have been temporarily suspended since November 2012 whilst the company is restructured.
Commenting on the talks with Jetlink, FastJet chief executive officer Ed Winter said:
"Talks are not yet finalised but we certainly envisage a combination of Jetlink's strengths and FastJet's interest in Fly540 creating the optimum platform to launch the FastJet brand in Kenya."
Jetlink chief executive, Captain Elly Aluvale, said: "Following the recent successful launch of FastJet's low cost operations in Tanzania, we are looking forward to this prospective Joint Venture. It will also generate new traffic as passengers are attracted by low fares, made possible by FastJet's low cost operating model."
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.