Airports Company South Africa

In today's article, we are going to delve into the fascinating world of Airports Company South Africa. From its origins to its impact on today's society, we will explore all facets of this relevant topic. Airports Company South Africa has been the subject of debate and study for a long time, and in this article we will try to shed light on its importance and influence in different areas. From its most unknown aspects to its practical applications, Airports Company South Africa is undoubtedly a topic that leaves no one indifferent. So get ready to dive into a deep and enriching analysis of Airports Company South Africa.

Airports Company of South Africa
Company typePrivate
IndustryAviation
Founded1993 (1993)
Headquarters
O.R. Tambo Int'l Airport
Kempton Park, Gauteng
,
South Africa
Key people
Sandile Nogxina (Chairman)
Mpumi Mpofu (CEO)
ServicesAirport management
Websitewww.airports.co.za

Airports Company of South Africa Limited (ACSA) is a majority (94.6%) state-owned South African airport management company. Founded in 1993, ACSA operates nine of South Africa's airports. The company is headquartered at Aviation Park, Western Precinct Building, situated at O.R. Tambo International Airport in Kempton Park, Gauteng, South Africa.

History

All of South Africa's airports used to be owned and operated by the state until 23 July 1993, when nine airports were reassigned to ACSA. ACSA was then owned by the South African Government through the Department of Transport.

In 1998, Aeroporti di Roma bought 20% of ACSA's shares for R819 million. In 2005, the Public Investment Corporation, bought the 20% shares back from the Italian group.

In 2006, ACSA was part of a consortium that won the bid to manage the Chhatrapati Shivaji International Airport in Mumbai, India.

In 2012, ACSA signed a 20-year concession agreement to manage the São Paulo–Guarulhos International Airport in Brazil, a strategic alliance between two countries that organized the soccer world cup in recent years. The deal was signed through a consortium including Brazil's Invepar for 51% of the concession and at a cost of $9.2 billion.

In May 2016, ACSA finished installing a solar power plant near the Kimberley Airport as part of a broader plan to install solar farms in all of its regional airports.

Airports

The following international airports are operated by ACSA:

The following local airports are operated by ACSA:

Armed cash heist at OR Tambo

On 25 March 2006 gunmen armed with AK-47s stole bags containing several million US dollars at O.R. Tambo International Airport. Three ACSA employees and six other individuals were arrested and appeared in court in connection with the heist.

References

  1. ^ a b "Contact Us". Airports Company of South Africa. Retrieved 6 August 2016.
  2. ^ "Company Profile". Airports Company of South Africa. Retrieved 6 August 2016.
  3. ^ a b "History". Wcm.airports.co.za. Retrieved 27 May 2016.[self-published source]
  4. ^ a b c "Milestones in our history". Wcm.airports.co.za. Retrieved 27 May 2016.[self-published source]
  5. ^ Henry Lazenby (8 February 2012). "ACSA consortium awarded R70b Brazil airport contract". Engineeringnews.co.za. Retrieved 27 May 2016.
  6. ^ Annie Kilian (13 May 2016). "ACSA unveils Kimberley Airport solar power plant". Engineeringnews.co.za. Retrieved 27 May 2016.
  7. ^ "9 appear for Jhb airport heist". News24. Archived from the original on 9 May 2006. Retrieved 1 September 2017.

External links

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