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Showing posts with label Sao Paolo. Show all posts
Showing posts with label Sao Paolo. Show all posts

Thursday, September 13, 2012

■ SOUTH AFRICA: Airports Company South Africa bounces back with a USD22million profit for FY 2011/2012.

After a heavy loss of USD26.8million during the 2010/2011 Financial Year, The Airports Company South Africa (ACSA) announced yesterday that it had made a profit of USD22million for the 2011/2012 Financial Year, though it is unlikely that any South African airlines will be joining in the celebrations, as the main factor behind ACSA's return to profitability - a 70% hike in its tariffs - is one of the reasons why 1Time is in Business Rescue and Comair Limited posted no dividend for the same Financial Year.

Wednesday, July 25, 2012

► ETHIOPIA: Plans afoot for new Addis Ababa Airport as Ethiopian outlines new routes and plans.

Ethiopian
When upgrades to Addis Ababa's Bole International Airport were started in 1999 and completed in 2003 with the addition of a brand new terminal as well as a new runway, taxiway and various other structures, it was assumed that the Airport would only reach its maximum carrying-capacity in 2017 and that there would be more than enough time to plan for any future developments, should they be necessary.

Bole International Airport, Addis Ababa, Ethiopia
Overview of Bole Airport (RaimondStehman)
Well, it seems they will indeed be necessary and very soon, as reports from Ethiopia show that beating all expectations, by 2010, Bole had already hit its planned maximum projected capacity (which had been increased 12-fold to handle six to seven million passengers annually from its prior capacity of 500,000 passengers) thus forcing the Ethiopian Airports Enterprise (EAE) to either consider expanding Bole again,  or to build a brand new airport from scratch.

It appears they will do both.


Location for new Addis Airport
The possible location for the new airport.
Currently, Bole sees over 110 aircraft movements per day, but with statistics showing that passenger arrivals have been steadily growing at 20% per annum, the EAE has also considered the option of building a brand new airport outside the Ethiopian capital Addis Ababa between the towns of Modjo and Meki towns on the Hawassa road; a road that will soon become an expressway.

On what would then become of Bole Airport following the new airport's completion:
"The official said the Addis Ababa Bole International Airport will be used for regional flights, VIP flights and for those who are involved in general aviation services (private airlines who provide none scheduled flights). The new airport would focus primarily on accommodating long haul international flights."

Ethiopian Airlines Routes
Ethiopians' World Network (Ethiopian)
The greatest beneficiary to all this development will obviously be Ethiopian Airlines whose own future growth plans are dependent on an efficient airport operation at Addis Ababa. With the first of their 10 Boeing 787 Dreamliners set to be delivered in August and with another Boeing 777-200LR recently ordered, the airline is gearing itself up for an aggressive international expansion which will see the following new destinations and developments:
In the long term, Ethiopian CEO Tewolde Gebremariam stated that Ethiopian will put very "heavy emphasis" on the BRICS nations - particularly Brazil, China and India - and believes these countries will drive the "huge growth" critical to Ethiopian Airlines' Vision 2025 objectives of  flying 11 million and 1.5 million international and domestic passengers annually and generating USD$7billion in annual revenue.