Tshwane says Wonderboom National Airport running at huge loss

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Wonderboom National Airport has been non-profitable for years, resulting in the metro having to fork out for the deficit, the City of Tshwane has said. pretorianews money wonderboom

It also emerged that the experienced net loss-margins imply that operations at Wonderboom Airport were heavily subsidised by the City’s fiscus year-on-year.The City said that for each rand of revenue generated by the airport in the 2020/21 financial year, it has provided R2.24 to cover the costs of operations.A number of training schools last week turned to the Gauteng High Court, Pretoria, to interdict the City from implementing a tariff hike.

He said that for the past 40 years flight schools which operate from Wonderboom only paid 20% of the applicable fees, which include take-off and landing fees. He said the City has unilaterally without any public participation dedicated in its budget for 2021/22 to substantially increase these fees.

 

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pretorianews Our_DA and EFFSouthAfrica destroyed Pitori.

pretorianews Airports are becoming more and more irrelevant. People are using other means.

pretorianews They must let it go. Whois really benefiting.. maybe a select few or am I just too naive to understand the importance of such an airline in the metro …

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