Fly540 Update
November 08 2007 - 5:21AM
RNS Non-Regulatory
Lonrho PLC
08 November 2007
8th November 2007
LONRHO PLC
(Lonrho or the 'Company')
Lonrho's Fly540 African airline to commence flights to Uganda and Tanzania in
early 2008
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
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)
* 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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