State-owned Airports Company South Africa (ACSA) reported a loss of R1-billion for the 2021/22 financial year, which is an improvement on the R2.6-billion loss reported in the previous financial year. Speaking during ACSA’s year-end financial results presentation on September 15, ACSA CEO Mpumi Mpofu said the year’s performance was, overall, much better than the previous two years, even though a persistently tough operating environment has somewhat slowed down recovery.
