Cape Winelands Airport's big plans: Premier diversion hub, doubling tourist numbers - Nick Ferguson

Loading player...
There is a buzz in Cape Town about the development of the new Cape Winelands Airport near Durbanville with the City Council throwing its weight behind the development. The site for the new Cape Winelands Airport t near Durbanville in the Cape has an interesting history as it was chosen and built by the Allied Forces during WWII. After it was required in 2020, the consortium of private owners set out to expand the airport to turn it into a transport hub and springboard for tourism in the region. According to an interview with Biznews, the Director of the Cape Winelands Airport Nick Ferguson said they were a step closer to reality with the first phase of the consultation process completed. The Airports Company of South Africa (ACSA) has objected to the development. The airport is set to launch its first flights in early 2027, ultimately offering a unique airport experience that includes wine tasting, a vineyard, and an outdoor amphitheatre. He also shared their strategy to initially position Winelands Airport as a cost-effective alternative destination for airlines who are currently burdened with carrying extra fuel when flying to Cape Town because their nearest diversion destination is O.R Tambo, located 2 hours north. This move not only promises financial benefits to airlines but also a significant reduction in carbon emissions. This strategic shift could potentially earn Winelands Airport the title of the World’s Greenest Airport.
20 Dec 2023 11AM English South Africa Investing · Business News

Other recent episodes

BNC#9 | Viljoen Q&A: The investment advice most fund managers won't give you

Piet Viljoen doesn't read the news, doesn't watch the Fed, and thinks most of what the investment industry sells you is jargon designed to make simple things sound complicated. In his Q&A at BNC#9, he went after executive pay, looked at private equity's real return profile, explained why he avoids…
9 Sep 10AM 32 min

Sam Montsi: Keep “crazy” people out of power!

In this interview with Chris Steyn, business icon and author Sam Montsi, gives his take on revelations at the Madlanga Commission of Inquiry, as well as the worldwide impact of US President Donald Trump’s actions. On political and police capture by crime cartels, he says: “It's frightening what has happened…
9 Sep 5AM 17 min