Air Traffic and Navigation Services SOC Limited (ATNS)
1. ATNS provides its services equally to all airspace users, and our credit terms are 30 days from date of invoice. SAA has from 01 April 2017 to date been settling their invoices on average 45 days after due date and as a result ATNS has been charging SAA interest due to late payment.
2. (a)(i) ATNS provides air traffic control services, air traffic flow management services, aeronautical information management services and alerting services to SAA and (ii) similarly to all other airspace users, (b) the rates charged are as per government gazette no 40552 dated 20 January 2017, Notice 29 of 2017, (c) ATNS credit terms are 30 days from date of invoice and this applies to SAA as well, (d) The total amount owed by SAA as at 31 July 2017 was R 65 610 477, (e) The below table is the age analysis as at 31 July 2017:
Customer Name |
Customer Balance |
Current |
31 - 60 Days |
61 - 90 Days |
91 - 120 Days |
121 & Over |
SOUTH AFRICAN AIRWAYS |
65,610,477 |
33,278,543 |
32,158,541 |
173,394 |
- |
- |
3. ATNS never extended/agreed to change its payment terms to SAA, from 01 April to 31 July 2017, SAA has not adhered to ATNS credit terms and as such ATNS charged SAA interest on late payments.