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Fastjet and LAM Mozambique sign MoU for future cooperation

Posted 21 March 2018 · Add Comment

Low-cost African airline Fastjet and LAM - Mozambique Airlines, have announced the signing of an MoU to explore long-term commercial cooperation.

The MoU was signed yesterday and outlines several areas of cooperation between the airlines which are expected to significantly enhance commercial aviation in Mozambique. The MoU sets out code-share and interline agreements between the two carriers, optimised network synergies to accommodate these, and details of cooperation on commercial systems, cargo, engineering and maintenance.
“This approach to commercial cooperation is the first of its kind on the African continent,” said Fastjet chief executive Nico Bezuidenhout (pictured right). “It presents a significant opportunity to stimulate not only commercial aviation but also up and downstream economic growth through key initiatives. Fastjet is committed to exploring and leveraging this agreement to the benefit of the people of Mozambique and both airlines. This MoU provides a strong foundation for us to meet the Government of Mozambique’s ‘Whole of State Aviation’ objectives.”
LAM CEO Antonio Pinto added, “The MoU signed today will not only further strengthen Mozambique’s flag carrier as a regional air-services provider but will also contribute significantly to initiatives that promote tourism, economic development and trade.
“This is an exciting and industry-leading public-private partnership,”
Fastjet, which also operates in Tanzania, Zambia, Zimbabwe and South Africa, is the first low-cost carrier brand to enter the Mozambique market. Since it launched its network in Mozambique last November, the airline has achieved strong load factors on its initial routes between Maputo and Beira, and Nampula and Tete, and an on-time performance record of over 85%.
 

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