| Wed 24 Oct 2007, 11:12 | | LAF - Lonrho Africa - Lonrho announces expansion o |
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LAF
LOLAF
LAF - Lonrho Africa - Lonrho announces expansion of Fly540 African Fleet
with Three BAE 146 Aircraft
Lonrho Plc
(Formerly Lonrho Africa Plc)
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
("Lonrho Africa" or "the Company")
LONRHO ANNOUNCES EXPANSION OF FLY540 AFRICAN FLEET WITH THREE BAE 146
AIRCRAFT
Lonrho (AIM: LONR), the conglomerate with a structured portfolio of African
investments, is pleased to announce that it is adding three BAE 146 aircraft
to its African fleet.
The aircraft, two BAE 146-300 100 seaters and one BAE 146-200 70 seater will
be delivered within the next eight weeks and will expand the Fly540
operational network across sub-Saharan Africa.
These aircraft are part of a planned rollout of twelve aircraft for the
Company over the coming year. This will continue to develop the airline
model from its operational base in Kenya to other hubs across sub-Saharan
Africa.
The Fly540 airline model is to create a mixed fleet of jets and turbo props
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:
"Fly540`s success in Kenya has demonstrated the market demand for a quality
airline operating across the African continent. I am delighted that Fly540
is now the choice of international carriers for flying their passengers
within Africa. Fly540 is set to fly to eight African countries early in
2008."
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
James 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)
Nare Diamonds - www.narediamonds.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
24th October 2007
South African sponsor to Lonrho Africa Plc
Java Capital (Proprietary) Limited
Date: 24/10/2007 11:12:01 Produced by the JSE SENS Department.
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