Airlines LAM and Fastjet sign MoU for cooperation
The two African carriers LAM Mozambique Airlines and Fastjet have announced the signature of a Memorandum of Understanding to explore wide-ranging commercial cooperation.
The memorandum covers code-share and interline agreements between the two carriers, optimized network synergies to accommodate same as well as cooperation on other commercial systems, cargo, engineering and maintenance. LAM chief executive Mr. Pinto commented that the “areas of cooperation will not only further strengthen Mozambique’s flag carrier as a regional air-services provider, but contribute significantly to initiatives that promote tourism, economic development and trade.”
Additionally, the agreement provides for the maintenance of both carrier’s aircraft and should improve the provided service. The six-year agreement enters into force immediately.
“This is an exciting and industry-leading public-private partnership initiative,” adds Mr. Pinto. “It not only supports Mozambique’s greater economic growth objectives in terms of the efficient and affordable movement of people and goods, but also the notion of a longer-term Whole of State Aviation strategy.” Mozambique is a signatory to the Yamoussoukro Decision and one of the early nation-adopters on the Continent.
“The approach to commercial cooperation is the first of its kind on the African continent,” says Fastjet Chief Executive Nico Bezuidenhout. “There is a significant opportunity in stimulating not only commercial aviation, but also up and downstream economic growth through key cooperative initiatives. Fastjet is committed to exploring and leveraging the agreement to the best-benefit of both companies and, ultimately, the people of Mozambique.”
The Johannesburg-headquartered low-cost carrier Fastjet operates flights in Tanzania, Zimbabwe, South Africa, Zambia and since 2017 in Mozambique. With a single Embraer ERJ-145, Fastjet connects its Mozambique hub Maputo International Airport with the domestic destinations Beira Airport, Nampula Airport and Chingozi Airport.
LAM Mozambique operates a mixed fleet, including one Boeing 737-500, one Boeing 737-700, two Bombardier Dash 8 Q400 and two Embraer 190.
Source © fastjet.com