fastjet looks for Kenyan expansion with Jetlink deal

fastjet looks for Kenyan expansion with Jetlink deal

fastjet has signed a memorandum of understanding with Kenyan airline, Jetlink. 

Under the terms of the MOU, fastjet and Jetlink are working together to create a joint venture which will give a platform for the launch of the fastjet brand in Kenya.

The MOU is subject to a number of conditions precedent including board and any other necessary approvals.

Jetlink is a Kenyan airline that was launched in 2004 and has traffic rights to all domestic destinations in Kenya, as well as a number of regional destinations. 

Jetlink operations have been temporarily suspended since November 2012 while the company is restructured.

Commenting on the talks with Jetlink, fastjet chief executive Ed Winter said: “This project represents a great opportunity for both parties and discussions are progressing well.

“A joint venture between fastjet and Jetlink will facilitate the launch of the fastjet brand in Kenya within the next few months with immediate access to domestic and regional destinations.