and mining conglomerate Lonrho has established a new
company, named Lonrho
Projects South Africa, which it plans to use as a vehicle for exploring
potential aviation projects in the country.
Lonrho is establishing the
Johannesburg-based company to perform in-depth feasibility studies on several
major South Africa
projects which it has under evaluation.
says: “The new company, which operates from Johannesburg,
is carrying out pre-development feasibility and design studies for strategic
opportunities including: an oil terminal and port infrastructure development, a
banking project, development of a resort hotel, and regional aviation and
UK-listed Lonrho is present in the African aviation
sector through its Kenyan regional joint venture airline Fly540. It is planning
to mirror this business model in other African countries via locally-branded
joint-venture regional airlines. Start-up carrier Fly540 Angola is due for