The Department of Transport has approved a staggered tariff increase for Acsa, starting April 1. This follows plans to expand South Africa’s airports.
After Acsa initially requested a 17.5% tariff hike, the Department of Transport and the regulatory body for the airports company granted an increase that will take effect at the end of each of Acsa’s financial years as follows:
- 4.5% in 2023/24,
- 10.3% in 2024/25,
- 6.51% in 2025/26,
- 6.16% in 2026/27,
- 4.45% in 2027/28.
“These final tariffs… have been determined in the aftermath of COVID-19 when the aviation sector in the country is gearing itself to restore economic activity and also return to pre-pandemic performance levels,” said Sindisiwe Chikunga, Minister of Transport.
While there are concerns that the tariff increase could result in a slower return to profitability for Acsa, local airlines have responded positively to the news.
“The 17.5% increase that was tabled was very significant. Lower taxes…
