Fastjet takes EasyJet low-cost model into African airspace18 November 2012
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 (Â£13) â€“ plus the inevitable baggage charges and taxes.
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.