• BEE winners and losers

    Creating real change and real jobs requires a new ideology, says Gerhard Papenfus.

  • Governance matters

    Addressing risk well and timeously can be a source of growth, says Ian Mann.

  • Road to riches

    Taxpayers keep funding structures with big plans but who knows what efficacy, says Mandi Smallhorne.

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

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

Money Clinic

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

Voting Booth

How will you manage Vodacom’s price hike for contracts?

Previous results · Suggest a vote

Loading...