There will be increased pressure on ACSA and other infrastructure and services providers as well as regulators and governments to make further concessions on charges and tariffs to ensure air transport stays affordable and sustainable, says aviation expert Linden Birns.It sets out the current state of affairs at ACSA airports - for example, domestic air travel is still only at 56% of what it was before the pandemic.
Domestic travel at airports run by Airports Company South Africa has recovered to 56% of pre-Covid-19 traffic, while the regional and international segments are still lagging behind.The domestic segment currently accounts for 83% of ACSA's total traffic in the current financial year. Pre-Covid-19 this segment accounted for 70% of total traffic.
During the financial year ending 31 December 2021, ACSA reported a loss before tax amounting to R924 million compared to a loss of R2.5 billion in the previous financial year. At the same time, an economic impact assessment indicates that ACSA's total economy wide impact was R22.1 billion in 2020, therefore, during the pandemic, and R72.2 billion in 2019, before the pandemic. It supported 52 498 jobs in 2020 compared to 144 599 jobs in 2019.
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