Rand Airport air charter operators, flying schools and a number of aircraft maintenance organisations, as well other aviation-related enterprises. Charter operator Phoebus Apollo Aviation has its headquarters at Rand; the airport is also home to the Flying Lions Aerobatic Team. South African Airways donated a Boeing 747-200 and a Boeing 747SP to the South African Airways Museum Society which are on display at the airport. The airport also hosts an annual air show. There are no scheduled operations from the airport. Rand Airport is notorious for its hot and high conditions and relatively short runways. Situated at an altitude of above sea
Optimum currency area Optimum currency area In economics, an optimum currency area (OCA), also known as an optimal currency region (OCR), is a geographical region in which it would maximize economic efficiency to have the entire region share a single currency. The underlying theory describes the optimal characteristics for the merger of currencies or the creation of a new currency. The theory is used often to argue whether or not a certain region is ready to become a currency union, one of the final stages in economic integration. An optimal currency area is often larger than a country. For instance, part of the