When you fly from Johannesburg to Cape Town you pay Acsa R87… When you fly internationally you pay R350…— Bongani Maseko, Acsa
State-owned Airports Company South Africa (Acsa) on Thursday announced a drop in profits of 58% to R843 million for the year to end-March.
Revenue fell 20% to R6.925 billion.
Acsa identified a 35% reduction in aeronautical fees as a major reason for its poor results.
Domestic traffic volumes grew by 1% while international flights were up 3%.
Acsa lost R563 million at the Guarulhos International Airport in Brazil, of which it’s a part-owner.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Our passengers are really excited about the seamless experience [checking in, boarding, etc.]…— Bongani Maseko, Acsa
We have a very good relationship with our Home Affairs colleagues… Tourism accounts for 9.5% of our GDP… it’s critically imperative that we streamline our tourism offering… We need more people to come into South Africa…— Bongani Maseko, Acsa
We’re in India, Brazil and Ghana… those ancillary revenues must support what we’re doing to lessen the burden the passengers face...— Bongani Maseko, Acsa
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