Nicola Mawson
Airports Company South Africa (Acsa), which reversed its loss-making position in the 2023/24 year to March, anticipates passenger travel through its airports to return to 2019 levels in the current fiscal year.
Speaking during the results presentation yesterday, Acsa CEO Mpumi Mpofu said 8.5 billion people flew out of global airports in 2023, 93.8% of the 2019 pre-pandemic level, and a 27.2% gain on 2022 as China reopened.
Today marks a good day for all of us at Airports Company. We are going to present to you a success story. We have reached the years of trials and tribulations as the result of Covid, said Mpofu as the companys previous loss turned into a profit.
In the current year, Mpofu said there was an expectation that levels will return to 2019 global levels to 9.4 billion passengers, led by Latin America, the Caribbean and China.
