Lonrho (AIM: LONR), the expanding conglomerate with a structured portfolio of African investments, is pleased to announce that it's Fly540 subsidiary will be commencing commercial flights to Tanzania and Uganda in early 2008.
Additionally Fly540 has also been awarded a three year Air Services Licence ("ASL") from the Kenya Civil Aviation Authority to service the global freight market.
The Fly540 airline model is to create a mixed fleet of jet and turbo prop aircraft that provide East to West and North to South pan African transport routes. The Company deploys modern aircraft, operated to international standards.
David Lenigas, Lonrho's Executive Chairman commented:
"The ability to transport freight within and from Africa to the world is a great step forward and adds another dimension to Fly540 and its operations. The expansion of the Fly540 network to include Uganda and Tanzania as new passenger destinations underlines Lonrho's commitment to develop a quality pan African carrier that provides international standard, safe, flights throughout Africa."
ENQUIRIES
- Lonrho Plc +44 (0)20 7016 5105
- David Lenigas, Executive Chairman +44 (0)7881 825 378
- Geoffrey White, Chief Executive Officer +44 (0)7717 307 308
- Emma Priestley, Executive Director +44 (0)7867 785 177
- Pelham PR Charles Vivian +44 (0) 20 7743 6672, +44 (0) 7977 297903 J
- ames MacFarlane +44 (0) 20 7743 6375, +44 (0) 7841 672831
- Collins Stewart Europe Hugh Field +44 (0) 20 7523 8350 Jonny Sloan
NOTES TO EDITORS
About LONRHO:
Lonrho Plc is an expanding conglomerate that is rapidly growing a successful business throughout Africa. The Company is listed on the London AIM stock exchange (LONR). Lonrho is strategically focused on the development of business opportunities in infrastructure, transportation, support services and natural resources. The Company has over 20,000 shareholders and substantial institutional backing to support its mandate to build a profitable business that plays a fundamental role in the development of the African economy.
Since 2006, the Company has invested in or acquired control of:
- Hotel Cardoso - www.hotelcardoso.co.mz (retained)
- Lonrho Mining - www.lonrhomining.com
- Luba Freeport - www.lubafreeport.com
- Fly540 - www.fly540.com
- Norse Air - www.norseair.co.za
- Swissta Holdings - www.swissta.com
- SA Independent Liner Services
- Bytes and Pieces
- Celsys Limited – www.celsys.co.zw