Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

King Shaka boasts 4 million passengers

Mar 25 2011 14:23 Sapa

Related Articles

MEC raises doubts about Plett airport

Bidvest to get R300m from airport sale

Only one SAA flight to Heathrow

Petrol and airport charges hit 1Time

Wonderboom avgas shortage continues

CAA tries to avert airport strike

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print
Durban - More than four million passengers have passed through King Shaka International Airport since it opened last year and passenger growth is expected to rise by 7.5% this year, KwaZulu-Natal tourism MEC Michael Mabuyakhulu said on Friday.

Mabuyakhulu said that since the airport was opened in May last year, it has positioned the province on the global tourism map.

“The cargo terminal had handled more than 6 300 tonnes of cargo up to the end of February 2011, of which 4 550 tonnes were imports valued in excess of R180m and 1 750 tonnes were exports valued at approximately R60m,” said Mabuyakhulu , delivering his budget for the current 2011/2012 financial year.

King Shaka International Airport falls under the Dube Trade Port (DTP), a public entity of the department of economic development and tourism.

The DTP comprises the airport, the trade zone, cyber port and a cargo handling facility.

”Regarding the domestic tonnage, more than 8 000 tonnes were handled. In addition, the cargo terminal received its first full 747 Boeing freighter in September 2009 carrying 100 tonnes of special equipment for ship repair destined for the port of Durban,” he said.

The trade zone's warehouse facility is also fully operational and for the first time houses the local airfreight logistics industry under one roof.

The overhead conveyor system, one of few such facilities globally, will be commissioned in April 2011.

This would ensure that DTP stayed at the leading edge of cargo security and would greatly improve cargo movement between the terminal and the Trade House, Mabuyakhulu said.

In May this year, World Freight Services, the cargo terminal operator, and DTP will launch a trucking service which will widen DTP's catchment area nationally.

“Air cargo road feeder services will be started on the Johannesburg-Durban route and will then be expanded to include other airports in South Africa.

"DTP will also open a 20-foot container handling facility at the terminal in July,” he said.

While the airport had performed exceptionally since it was opened, the biggest challenge facing it was to increase regional and international air connectivity.

”On the international front we will continue to engage with the carriers in Europe and the UK, India, Southeast Asia and the Middle East. We are also happy to announce that Emirates Airlines will be introducing a double daily service to King Shaka International in October this year."

Mabuyakhulu said this would mean a flight in the morning and a flight in the afternoon.

 
 
Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

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

Loading...