FastJet has taken the next step towards launching its planned air service in South Africa between Johannesburg and Cape Town by leading the negotiation for its colleagues, Federal Air and fastjet holdings, to lease a 737 aircraft from Starcargo Airlines, an aircraft leasing company based at OR Tambo Airport in Johannesburg, on a full ACMI “wet lease” service. Starcargo will be providing the aircraft, crew, maintenance and insurance elements for the initial launch of the domestic service. Federal Air will operate the service for fastjet holdings (PTY) limited, in which the Company has a 25% interest. This arrangement is initially

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