FOR the third successive year, Million Air Charter has won the Association of South African Travel Agents’ (ASATA) award for outstanding service to the travel industry in 2001. The award is presented by ASATA in association with Diners Club International. Million Air is listed on the transport sector of the JSE Securities Exchange South Africa (JSE). In the past 12 months, the company has repositioned its operations to reap the financial rewards of meeting Africa’s growing need for air transport. In 2001, this rand-hedge stock outperformed both the small cap index and the transport index of the JSE. The company, which has a 50% stake in the relaunched Sun Air, has announced a rights issue in May 2002. – Sapa
Tuesday March 19, 2002