The Competition Tribunal has fined Tourvest R9m for collusive tendering. Picture: ACSA.
The group reported a R2.6bn loss for the year ending March, from a profit of R1.4bn previously, as tourism and business travel ground to a halt amid state-imposed restrictions and general anxiety over Covid-19. Aircraft landing fees were R368m compared to R1.3bn the previous year, aircraft parking fees were R29m compared to R55m, and passenger service charges fell to R414m, from R2.4bn.
CEO Mpumi Mpofu said Acsa was encouraged by a recent improvement in passenger figures while SA’s removal from the UK’s travel red list, and reduced restrictions generally, pointed to a stronger summer holiday season than was expected during the height of the SA’s third wave in July.
But we built a new HQ you’all🤷🏽♂️
Bail Out loading.
It's also with great disappointment that the Acsa airport infrastructure are deteriorating at a fast rate. Maintenance and national standards are non existing
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