CAAB averts shutdown, airspace closure

Government has reportedly stepped in to support the cash-strapped parastatal’s operations beyond December.
On Wednesday, Transport and Communications minister, Thulaganyo Segokgo told Mmegi government would support the CAAB and it would not be closing.

“I am aware of the difficulties they are facing,” he said. “The closure of airports (earlier this year) meant there was no air travel which is fundamentally the basis on which they get their revenue. “So they had no revenues, close to P100,000 where normally they collect up to P7m. “We have been supporting them so that they can meet their obligations in terms of paying their fees. “We will continue to do so and find a means to support them.”