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“This is the single most significant challenge we have ever faced as an airport authority,” said Roger Butt, the Chair of the St. John’s International Finance and Audit Committee. “We will have to be operating at a net loss for the next few years.”
Canada’s Minister of Transport appeared Friday to rule out forcing airlines to reimburse travellers for cancelled flights during the COVID-19 pandemic.
The Canadian Airports Council has issued a detailed critique of federal COVID-19 aid programs, suggesting airports need more help to survive the pandemic.
Edmonton International will cut its staff by 40% as the aviation industry sounds new warnings about increased costs due to the pandemic.
Toronto International Airport produced a $6.6 million net income in first three months of the year, before the COVID-19 pandemic’s full impact was felt.
The same day it announced layoffs affecting 25% of its staff, Vancouver International was named best airport in the 20-30 million passenger category.