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Airports Company South Africa has posted profit of R1.2 billion for the 2025/26 financial year - up from R1.14 billion the previous year. Despite rising costs, revenue grew across the board. Aeronautical income, which is income directly related to air landing tariffs and passengers tariffs, jumped 15.2% while income from retail, property rentals and parking increased 7.7%
This will be acting CEO Charles Shilowa's first results presentation in this position after taking over from Mpumi Mpofu, whose contract ended in June.
Shilowa was previously group executive for capital infrastructure asset management at ACSA. ACSA has rolled out a R21.7 billion capital expenditure program focused on maintenance, refurbishment, and capacity expansions across its network of nine airports.
Shilowa says in the year under review, the group has spent R2.58 billion.
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