South African Business 2017 edition
South African Business is a unique guide to business and investment in South Africa. In addition to an up-to-date economic overview of the country, analyses of the main industrial sectors, plus profiles of the nine provincial economies, the 2017 edition of South African Business includes special features on key topical issues such as skills development and education, renewable energy and the REIPPPP programme, and trade with Africa.
South African Business is a unique guide to business and investment in South Africa. In addition to an up-to-date economic overview of the country, analyses of the main industrial sectors, plus profiles of the nine provincial economies, the 2017 edition of South African Business includes special features on key topical issues such as skills development and education, renewable energy and the REIPPPP programme, and trade with Africa.
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Airports Company<br />
<strong>South</strong> Africa<br />
PROFILE<br />
Airports Company <strong>South</strong> Africa is expanding its successful local operation<br />
into an international one.<br />
Company profile<br />
Airports Company <strong>South</strong> Africa was formed in<br />
1993 as a public company and, although majority<br />
owned by the <strong>South</strong> <strong>African</strong> Government, is<br />
legally and financially autonomous and operates<br />
under commercial law. As the largest airport authority<br />
in Africa, the company manages a network<br />
of nine major airports in <strong>South</strong> Africa, including the<br />
three main international gateways ie O.R. Tambo<br />
International, Cape Town International and King<br />
Shaka International airports.<br />
Traffic development<br />
The traffic development mandate is to identify,<br />
evaluate and develop air service opportunities<br />
collaboratively with key stakeholders (ie<br />
airlines, regulators, national, provincial, local and<br />
tourism) across the Airports Company <strong>South</strong> Africa<br />
network of airports to enable trade, tourism, and<br />
mobility of goods and services for sustainable<br />
economic growth. Air service is important for connecting<br />
the local economies with the rest of the<br />
world, thus emphasis is placed on prioritisation of<br />
small and rural communities within the Republic<br />
of <strong>South</strong> Africa for seamless access/connectivity to<br />
the national air transport system. Traffic development<br />
works collaboratively with key stakeholders<br />
such as airlines, regulators, government and tourism<br />
agencies to identify, evaluate and develop potential<br />
air service opportunities across the globe. This links<br />
Airports Company <strong>South</strong> Africa’s network of airports<br />
with the aim of enabling trade, tourism, and mobility<br />
of goods and services within <strong>South</strong>ern and sub-<br />
Saharan Africa.<br />
Its main focus is on building sustainable relationships<br />
and economic development to transform the opportunities<br />
the region has to offer into sustainable<br />
value for all. Although the introduction of new air<br />
services has potential to stimulate demand for air<br />
travel, it is equally important to strike a good balance<br />
between supply and demand to ensure that the current<br />
needs are served without compromising the future<br />
air travel needs. Airport Company <strong>South</strong> Africa's<br />
role is to provide route/traffic development services<br />
and support to all airlines and air travel stakeholders<br />
in line with the Competition Commission Act<br />
83<br />
SOUTH AFRICAN BUSINESS <strong>2017</strong>
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