By Kim Saulse
10 December 2009
The Airports Company South Africa has applied for a 132.9 % tariff increase.
Spokesperson Priscillah Mabelane says the application is based on the common financial principle of return on investment.
Mabelane says allowing ACSA to levy the increase for the 2010/11 financial year will enable the company to reward its investors adequately for their investments.
In practical terms, the passenger service charge will increase from R42 to R99 on a single domestic trip.
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