Lonrho to explore South African aviation opportunities

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Transport 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.

It 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 airport opportunities.”

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 imminent launch.