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FastJet PLC Announce New Board Member

FastJet PLC LON:FJET has announced this week that Bryan Collings has been appointed to the Board as Non-Executive Director with immediate effect.

Bryan holds a number of other high profile positions including at HEXAM Capital Partners LLP, Coppin Collings Limited and Ohmworx Limited.  He previously held a position with Hexagon Asset Management LLP.

Between 2006 and 2012, Bryan was Managing Partner of HEXAM Capital Partners LLP, during which he increased company assets from some $13 million seed investment to a peak of almost $2 billion. He purchased a 52% stake in HEXAM from Standard Life Investments, inter alia, in December 2014.

Bryan, aged 49, is a previous recipient of investment awards in the UK, and holds a M.Sc. in Economics and a CFA.

The appointment comes off the back of a strong April performance, where FastJet PLC LON:FJET operations in Tanzania carried a total of 68,088 passengers and achieved a load factor of 73%, the highest monthly passenger total recorded since the commencement of FastJet operations. This beats the previous highest month, December 2014, by 2,500 passengers and represents growth of 90% compared to the same month last year. The load factor grew 7% compared to the same month last year and capacity increased month-on-month by 15%.


Source: http://www.directorstalkinterviews.com/

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