Tuesday, 1 January 2013

FastJet answers the low-cost call

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With the low-cost carrier (LCC) market transforming how Europeans think about air travel in the space of just two decades, it is little wonder that Stelios Haji-Ioannou, the founder of EasyJet, has been keen to export his philosophy to other corners of the globe.

Drawing inspiration from EasyJet’s brand name – not to mention headhunting several of its former executives and even leasing one of its old aircraft – the Greek Cypriot tycoon’s vision became reality in November 2012, when the inaugural FastJet flight took off from the Tanzanian capital Dar es Salaam to the northern city of Mwanza...