Acsa posts loss of nearly R1.5bn as Covid-19 hits air travel
The number of departing passengers in 2020 fell 65.8% to 7.4-million
03 March 2021 - 13:03
Airports Company SA (Acsa), the state-owned company that owns and manages airports such as OR Tambo International Airport, felt the full might of the coronavirus pandemic as restrictions meant to control the spread of the virus dented air travel.
On Wednesday, Acsa reported a R1.47bn loss in the first half of its financial year, from a profit of R125m, as revenue plummeted to just R685m, from R3.5bn...
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