Data provided by iNet BFA
Loading...
See More

Acsa revenues up despite drop in passengers

Aug 16 2010 11:23

Related Articles

World body slams Acsa fee hike

Probe into Acsa managers

Acsa takes regulator to court

Acsa price hikes upset Comair

Acsa, union in dogfight

Baggage pilfering down - Acsa

 
Johannesburg - The Airports Company of SA (Acsa) said total revenues grew by 12% to R3.5bn, when it released its annual financial results on Monday.
  
This resulted in a positive increase in normalised earnings before interest, tax, depreciation and amortisation (Ebitda) of 6% to R1.85bn.
  
As in the prior year, traffic had continued to decline, but at a reduced rate.
  
Passenger numbers decreased by 1.7% compared with a decline of 7.7% the previous year.
  
Domestic traffic - which constituted 70% of passenger traffic - contracted by 2.1%, while international passengers declined by 0.9% compared to a decrease of 0.7% a year ago.
  
Aircraft landings declined by 1.7% compared to a decline of 3.8% a year earlier.
  
The company said it had remained resilient during the 2009/10 financial year despite the challenging operating environment.

- Sapa
acsa
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

OneRandMan learns how money really works

National Savings Month is not only this month, it is every month from your very first salary slip, an expert warns OneRandMan and all South Africans.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...