654654 Airports Company South Africa
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History

South Africa’s airports were owned and operated by the state until 23 July 1993, when ACSA was officially established and nine airports were transferred to the company. ACSA's sole shareholder from then until partial privatisation was the state, through the Ministry of Transport.

In April 1998, Aeroporti di Roma, an Italian airports-management firm, won a competitive bid to become ACSA's strategic equity partner and paid R819 million for 20% of the company's shares. The bidding process revealed that top international airport companies had high regard for ACSA's professionalism, and confidence in the company’s inherent value – indicating just how well it measured up to international best practices.

Other shareholders include five empowerment consortia: G10 Investments, Telle Investments, Pybus Thirty-34, Up-Front Investments 64 and Lexshell 342 Investments Holdings. Together they own 4.2%.

ACSA is now a mature organisation. We have emerged from a phase of radical, sustained transformation and reconstruction to become an efficient, expanding commercial company with a skilled and motivated management team and staff.

An important development has been the introduction of a balanced scorecard management system. This multi-dimensional system enables us and our stakeholders to consider ACSA's objectives, decisions and actions - and to assess our progress - in relation to four major determinants of business success:  financial performance, customer satisfaction, business systems and human capital development. This approach enables ACSA to plan for a future filled with technological, global, economic and regulatory challenges. It enables us to use our assets - including brand, expertise and intellectual capital - to the full.

Our success as a commercial, world-class, globally competitive company is a model for successful privatisation. ACSA is a prime example of how an innovative, private-enterprise undertaking can emerge from a loss-making, state-run institution. 

 


 
Awards

ACSA has received numerous accolades and awards for our operational and financial performance, including the prestigious Non-listed Company of the Year Award. ACSA has twice been runner-up in the Deloitte & Touche Corporate Governance Awards for listed and non-listed companies.

The AETRA awards are based on an Airport Customer Satisfaction Survey covering the entire airport experience for international and domestic travellers. Participating airports are rated on 31 service-related parameters.

2004
Cape Town International Airport achieved second place, Durban International Airport third place and O.R. Tambo International Airport fourth place in the regional ratings of Middle East/Africa.

2003
Cape Town International Airport was rated the best in terms of overall satisfaction for airports handling five to 15 million passengers annually.
In the same survey, Cape Town, Durban and O.R. Tambo international airports were rated second, third and fourth respectively in the category of best airports in the Middle East/Africa region.

1999 - 2001
African Airport of the Year Award
Achievement in modernising O.R. Tambo International Airport

1998 - 2001
Africa's leading airport Award
Cape Town International Airport