Fastjet Mozambique will suspend domestic flight operations in Mozambique from midnight on Saturday, 26 October 2019, the airline said in a statement issued on Monday in Maputo.
The statement said that all flights, including codeshare flights with Mozambican airline LAM between Maputo, Tete, Beira and Quelimane, will be suspended from that date, so all passengers who have already purchased tickets departing on 27 October or later will be fully refunded.
“The decision to discontinue flights, taken after careful consideration, stems from the oversupply offered by other airlines and the negative impact this has on the airline’s accounts, which lost US$2.4 million in the first half,” said a Fastjet spokesman quoted in the statement.
The spokesman said that as soon as the market conditions change in Mozambique, the airline will resume operations in the country.
In March 2018, LAM and low-cost airline FastJet signed a six-year partnership providing for flight code sharing and route exploration, among other commercial and maintenance activities.
Fastjet, a consortium of companies from South Africa and the United Kingdom, at the end of 2017 became the first foreign-owned company to offer regular domestic passenger flights in Mozambique, linking the cities of Maputo, Beira, Tete and Nampula. (Macauhub)