309:
had completed. The dispute led to legal claims by both parties over the ownership and other matters. A Memorandum of
Understanding was reached on 23 April 2013 where both parties agreed to stop legal proceedings against each other because Fastjet considered they did not have control or significant influence. As of 1 July 2014, a settlement was agreed between Fastjet and Don Smith in which Fastjet transferred all shares in Five Forty Aviation Kenya LTD to Don Smith and Fastjet relinquished any further interest in Five Forty Aviation Ltd. The Five Forty brand name is for sole use of Five Forty Aviation Kenya Ltd.
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Following the acquisition of Lonrho's 49% interest in Five Forty
Aviation Kenya Ltd, and a further 49.98% economic interest in the company approved at a Fastjet General meeting on 29 June 2012 and completed on 2 July 2012, it became apparent that the vendor did not consider the additional acquisition
293:
In June 2012 Fly540 was sold for $ 85.7 million (Sh7.3 billion) to
British investment firm Rubicon Diversified Investments (now Fastjet Plc ), who purchased the airline from Lonrho group. Rubicon said it had chosen to acquire Fly540 as its platform for the launch of a budget airline in Africa, to be
667:
to be delivered in 2008 and 2009. These orders have since been cancelled In April 2014, Fastjet announced that two ATRs and both DC-9 aircraft were to be withdrawn from service: the ATRs are to be sold, and the DC-9s are to be returned to their lessors.
305:, from 29 November 2012. These were two domestic routes in Tanzania; it had been expected that all Fly540 flights would quickly be transferred to Fastjet, in turn, as the various arrangements and permissions required for each route are agreed.
285:, on the western shores of Lake Victoria. Initially the company operated 11 flights a week and it was hoped that in time its Fokker 28 aircraft, which carried 28 people, would be upgraded to a 50-seater CRJ 100.
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772:) Fly540. Retrieved on 14 January 2011. "Riverside Green Suites Five Forty Africa Head Office Palm Suite, Riverside Drive P.O. Box 10293-00100 Nairobi, Kenya."
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728:, Kenya. This was the second attempt for take-off after the first one resulted in aborting the takeoff. All four occupants survived.
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on
November 24, 2006. The airline's name refers to its price of KSh5,540 per adult return fare between the above-mentioned cities.
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Since the acquisition of Lonrho (BVI) Ltd's interest on 29 June 2012, Five Forty
Aviation Ltd is now 100% privately owned.
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Passenger numbers rose by 93% to 171,160 in the year ended 30 September 2008, from 88,571 in 2007. At the same time, the
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174:(suspended in May 2014), but has since focused its business expansion plans on East Africa. The company slogan was
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following complaints over false advertising, short notice before cancellation of flights, and delayed refunds.
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The original scheduled flights included freight and passenger services between
Nairobi and Mombasa, while
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800:"fastjet 2015 outlook: fleet expands and new affiliates launch but profitability remains challenging"
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Rubicon
Diversified Investments PLC : Result of EGM & Change of Name to FastJet
223:
162:, operating both passenger and cargo services. The airline had two subsidiary airlines,
860:"LCC start-up Fastjet targets under-served markets in West Africa, starting with Ghana"
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The airline's operations in Kenya were suspended in
November 2022 by the country's
164:
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in
February 2008. Additionally Fly540 Tanzania launched direct flights between
258:
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78:
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On
Thursday 27 January 2011, a Fokker F27 FriendshipCRF, registered as 5X-FFD,
1038:"Competitions authority suspends Fly540 over increased travellers' complaints"
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676:
The airline previously operated the following aircraft (as of August 2017):
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1391:
1179:"Accident Fokker F-27 Friendship 500CRF 5X-FFD, Thursday 27 January 2011"
663:
In January 2008, the company signed a US$ 150 million contract for eight
563:
The Fly540 fleet consists of the following aircraft (as of August 2019):
538:
26:
902:
710:
504:
487:
470:
402:
350:
302:
295:
270:
243:
155:
109:
1155:"Accident Fokker F-27 Friendship 500 5Y-BVF, Wednesday 13 August 2008"
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453:
419:
282:
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239:
228:
201:
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International operations commenced in October 2007 with flights to
242:
became a destination in January 2007. Daily flights on the Nairobi-
1295:
942:"New flights from Dar es Salaam to Mwanza | Wanted WorldWide"
367:
356:
336:
222:
159:
113:
379:
As of February 2016, Fly540 flies to the following destinations.
1002:
FastJet takes to the air, promising a modern pan-African network
521:
436:
262:
247:
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1115:
250:
route were added to its domestic services in February 2007.
1219:
135:
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The first flights were transferred to the new airline,
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Lonrho to acquire eight ATR 72-500s for airline Fly540
1226:
294:
modelled on Europe's second largest low-cost carrier
1426:
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1064:"Five Forty Aviation Response to FastJet Statement"
154:which commenced operations in 2006 and is based in
131:
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988:Kenya: Fastjet to Phase Out Fly540 By October
8:
204:was a major investor in the company, paying
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168:(suspended in May 2014 and since sold) and
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381:
215:amounted to 63%, down from 65.8% in 2007.
18:
903:"Fly540 - East Africa's low cost airline"
1139:"Global Airline Guide 2017 (Part One)".
1088:"Global Airline Guide 2017 (Part One)".
999:Centre for Aviation, November 30, 2012:
565:
544:Abeid Amani Karume International Airport
1233:
750:
1036:Kivuva, Elizabeth (16 November 2022).
835:
833:
7:
1546:Kenyan companies established in 2006
510:Jomo Kenyatta International Airport
347:Jomo Kenyatta International Airport
84:Jomo Kenyatta International Airport
190:Fly540 started operations between
14:
1512:List of airline holding companies
1248:
1236:
1204:
267:Democratic Republic of the Congo
25:
1466:Kencargo Airlines International
693:On Wednesday 13 August 2008, a
343:Canadair Regional Jet CRJ-100ER
1491:Skyward International Aviation
1:
1361:ALS Aircraft Leasing Services
782:"Directory: World Airlines".
408:Eldoret International Airport
363:de Havilland Canada DHC-8-100
233:Entebbe International Airport
208:1.5 million for a 49% stake.
1536:Airlines established in 2006
882:Lonrho PLC, March 30, 2009:
425:Kisumu International Airport
717:. All three occupants died.
1562:
1320:Blue Sky Aviation Services
864:CAPA - Centre for Aviation
804:CAPA - Centre for Aviation
527:Juba International Airport
1509:
1116:"Fleet - Fly540 | Fly540"
930:Fly540 eyes Sudan and DRC
847:The new kite in the skies
788:. 2007-04-03. p. 83.
759:Kenya Contact Information
739:List of airlines of Kenya
493:Moi International Airport
372:Fly540 ATR 72, stored at
186:Initial domestic services
47:
42:
37:
33:
24:
1102:EADS, January 11, 2008:
1451:East African Safari Air
1325:Freedom Airline Express
1310:African Express Airways
701:as 5Y-BVF, flying from
144:Five Forty Aviation Ltd
1436:African Safari Airways
928:, September 26, 2007:
641:Bombardier Dash 8-Q300
376:
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1213:at Wikimedia Commons
695:Fokker F27 Friendship
624:Bombardier Dash 8-200
607:Bombardier Dash 8-100
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319:Competition Authority
289:Investment by Fastjet
226:
219:Pan-African ambitions
1471:Mombasa Air Services
1446:East African Airways
1183:asn.flightsafety.org
1159:asn.flightsafety.org
1068:www.businesswire.com
1015:"Annual Report 2012"
844:, January 18, 2007:
785:Flight International
1340:Safarilink Aviation
1143:(October 2017): 19.
1092:(October 2017): 19.
682:Bombardier CRJ100ER
590:Bombardier CRJ200LR
568:
176:Your Local Airline.
21:
1335:Mombasa Air Safari
968:, August 7, 2012:
889:2009-06-04 at the
884:Annual Report 2008
768:2011-07-11 at the
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355:
236:
1541:Low-cost carriers
1531:Airlines of Kenya
1518:
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1366:Bluebird Aviation
1209:Media related to
982:The Star, Nairobi
715:Radio masts/tower
713:, crashed into a
659:Fleet development
656:
655:
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325:Corporate affairs
141:
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1496:Sunbird Aviation
1356:748 Air Services
1315:Airkenya Express
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1044:. Business Daily
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152:low-cost airline
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1461:JetLink Express
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1090:Airliner World
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1042:Business Daily
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1017:. Fastjet Plc
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966:4-traders.com
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948:on 2011-07-24
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171:Fly540 Angola
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1481:Regional Air
1441:CMC Aviation
1397:Renegade Air
1386:
1203:
1186:. Retrieved
1182:
1173:
1162:. Retrieved
1158:
1149:
1140:
1134:
1123:. Retrieved
1119:
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1072:. Retrieved
1070:. 2013-02-07
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1046:. Retrieved
1041:
1031:
1019:. Retrieved
1009:
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965:
961:
950:. Retrieved
946:the original
936:
926:The Standard
925:
921:
910:. Retrieved
906:
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867:. Retrieved
863:
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846:
841:The Standard
839:
827:January 2007
822:
818:
807:. Retrieved
803:
794:
783:
777:
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672:Former fleet
662:
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518:South Sudan
378:
345:pictured at
333:Destinations
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165:Fly540 Ghana
163:
147:
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106:Headquarters
98:Destinations
61:SWIFT TANGO
1048:25 November
707:K50 Airport
665:ATR 72-500s
581:Passengers
575:In service
259:South Sudan
213:load factor
123:Don Smith (
1525:Categories
1188:2024-08-20
1164:2024-08-20
1125:2020-05-16
1074:2020-05-28
952:2011-01-26
912:2017-07-13
869:2020-05-15
809:2017-07-13
745:References
699:registered
313:Suspension
136:fly540.com
120:Key people
90:Fleet size
1476:Rapid Air
1303:Scheduled
1021:29 August
688:Accidents
572:Aircraft
535:Tanzania
353:, in 2012
341:A Fly540
227:A Fly540
1392:Jambojet
1380:Low-cost
1292:Airlines
1255:Aviation
887:Archived
766:Archived
733:See also
539:Zanzibar
391:Airport
385:Country
49:Callsign
1456:Fly SAX
1428:Defunct
1349:Charter
1229:Portals
722:overran
711:Somalia
578:Orders
505:Nairobi
488:Mombasa
471:Malindi
403:Eldoret
361:Fly540
351:Nairobi
303:Fastjet
296:EasyJet
271:Entebbe
265:in the
244:Malindi
196:Mombasa
192:Nairobi
181:History
156:Nairobi
150:, is a
132:Website
110:Nairobi
70:Founded
1387:Fly540
1211:Fly540
584:Notes
501:Kenya
484:Kenya
467:Kenya
454:Lodwar
450:Kenya
433:Kenya
420:Kisumu
416:Kenya
399:Kenya
394:Notes
283:Mwanza
275:Uganda
240:Kisumu
229:ATR 42
148:Fly540
20:Fly540
1411:Cargo
1296:Kenya
1243:Kenya
554:Fleet
388:City
206:US $
160:Kenya
114:Kenya
1050:2022
1023:2013
761:." (
522:Juba
437:Lamu
281:and
263:Goma
261:and
255:Juba
248:Lamu
194:and
79:Hubs
73:2006
58:FFV
44:ICAO
39:IATA
1294:of
705:to
273:in
257:in
231:at
125:CEO
55:5H
1527::
1181:.
1157:.
1118:.
1066:.
1040:.
905:.
862:.
832:^
802:.
709:,
697:,
680:2
648:—
645:1
631:—
628:1
614:—
611:1
597:—
594:2
349:,
298:.
269:;
158:,
112:,
101:10
1284:e
1277:t
1270:v
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1128:.
1077:.
1052:.
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955:.
915:.
872:.
812:.
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246:-
127:)
93:5
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