- COVID-19 pandemic significantly impacted operations and financial performance due to travel restrictions and reduced demand.
- Increased losses for fastjet Zimbabwe (US$4.3m) and FedAir (US$995k).
- Negative publicity around South African and Omicron variants further impacted travel.
- Currency volatility and unpredictable local environment in Zimbabwe negatively impacted demand and load factors.
- Reduced international tourism in South Africa due to COVID-19 travel restrictions affected FedAir's profitability.
fastjet Limited
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, fastjet Limited disclosed greenhouse gas emissions of 28.7K tonnes CO2e (2021). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
28.7K tonnes CO2e (2021)
2021
Energy Use
226.6B kWh (2021)
2021
✅ Reported Environmental Achievements
- Reduced carbon emissions per revenue passenger kilometer (RPK) from 0.0778 gCO2e to 0.0290 gCO2e
🎯 Climate & Sustainability Targets
🔜 Short-term
- Surviving the COVID-19 crisis
- Supporting Group airlines in achieving IOSA accreditation
- Securing positive cash flows from Zimbabwean operations
- Onboarding additional aircraft
- Launching two new routes
📅 Medium-term
- Further growth in the Southern African region
- Building commercial opportunities, partnerships, and ancillary services
🔭 Long-term
- To be a successful pan-African value airline operation, brand and franchise.
🌱 ESG Focus Areas
SafetyCommunity InvestmentEmployee Well-beingEnvironmental Impact (Carbon Emissions)