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
Currency substitution currency will be satisfied in the holding of foreign currency assets abroad and outside the domestic banking system. This demand often puts pressure on the parallel market of foreign currency and on the country's international reserves. Evidence for this pattern is given in the absence of currency substitution during the pre-reform period in most transition economies, because of constricted controls on foreign exchange and the banking system. In contrary, by facilitating the domestic holding of foreign currency, a country might mitigate the shift of assets abroad and strengthen its external reserves in exchange for a currency substitution process. However, the