Jet fuel shortage something of the past - ACSA
Airports Company South Africa CFO Siphamanda Mthethwa says
there is sufficient supply of jet fuel in
the country.
The country experience a jet fuel shortage in July after Sasol declared a force majeure due to it not receiving supplies for its Natref refinery.
The agency briefed the media on Thursday on its financial results.
"We no longer have jet fuel challenge at the moment,” said Mthethwa.
“We have enough stocks at OR Tambo airport and we continue to work with our partners to make sure that the supplies are not compromised, and we don't foresee challenged in the foreseeable future.”
Meanwhile, ACSA CEO Nompumelelo Mpofu says the liquidation of SA Express, Comair and Mango being place in business rescue all had a negative impact on the domestic market.
"As severe travel restrictions began to be lifted both at home and abroad, the demand for air travel increased. The ACSA network recovered to 49% of its pre-Covid passenger throughput by 31 March 2022.
"Domestic travel accounted for 83% of passenger traffic during the reporting period. We are still experiencing 30% less volumes than in pre-Covid-19 travel, but the domestic market has been instrumental in driving our performance during the period under review.
"The recent liquidation of Comair and other airlines which have also faced great difficult in our domestic environment, the news of SA Express final liquidation yesterday all of those had a negative impact on our domestic market particularly impacting on the reduction of fleet."
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