What we do:
Lanseria International Airport (Pty) Ltd (‘Lanseria”) is the only other internationally accredited airport in Gauteng, South Africa. The construction of the airport began in 1974 with R2.7m and has since undergone several expansion projects to keep up with its impressive growth. A new runway which cost R150m has made the airport accessible to larger aircraft and commercial flights between Johannesburg and Cape Town, Durban or George operate daily on several flight companies. Airport facilities include an upgraded passenger terminal building, restaurants, duty free shopping, lounge facilities, ample parking, easy flow pick up and drop off area and with improved road access getting to Lanseria Airport.
Ownership & Management: Lanseria is majority owned by Harith General Partners together with a consortium comprising of the Government Employee Pension Fund, the Public Investment Corporation and a BEE consortium including the broad based women empowerment company known as Nozala. The management of the airport have a well-managed system that is clearly preferred by the customers that regularly use Lanseria.
Key financial indicators: Lanseria is profitable airport that is the alternative for mostly local travelers to Cape Town, Durban and George. The new runway which cost R150m made the airport accessible to larger aircraft. Long and short term parking facilities have been extended to facilitate growth and there are discussions to begin building a multi-level parkade.
Track record: Lanseria is the only other internationally accredited airport in Gauteng, South Africa. There are large barriers to entry for a private sector airport business due to large capital costs, land area approvals as well as meeting specific government regulations.
Contact details: Tel: (+27) 11 367 0300 Email: info@lanseria.co.za Address: Lanseria International Airport, Private Bag X1, Lanseria, Johannesburg, South Africa Website: https://lanseria.co.za
Or contact us for free additional information at info@peafrinsights.co.za