Ottawa Macdonald-Cartier International Airport (YOW/CYOW)

[Marcus CLS]

https://obj.ca/ottawa-international-...opportunities/

Airport is releasing 3 parcels for land developement. Surprised no one caught this article published June 1st in OBJ.

[rocketphish]

Originally Posted by Marcus CLS

https://obj.ca/ottawa-international-...opportunities/

Airport is releasing 3 parcels for land developement. Surprised no one caught this article published June 1st in OBJ.

Very interesting. Is the Ottawa Flying Club doomed?

The Ottawa International Airport announces new opportunities for land development
Three parcels of land are opening up to help foster economic growth across the city

OBJ
June 1, 2024

Sponsored by The Ottawa Airport Authority




The Ottawa International Airport Authority (OIAA) is opening up three parcels of land for development, with each offering a unique opportunity.

Through its long-term lease with Transport Canada, the OIAA has a duty to ensure that the airport supports quality, safe, secure, sustainable transportation, and is a vital part of the city’s economic growth and prosperity. This is where land development comes into play.

OIAA’s vice-president of business development and marketing, Joel Tkach, says several factors make 2024 an ideal year to emphasize land development efforts, including increased connectivity to the city via rapid transit, as well as the expansion of international and domestic flights via carriers like Air France and Porter Airlines.

“With the success of past projects like the EY Centre and new ones coming on board like the Alt terminal hotel currently under construction, we want to look at what else can be done on airport land to make a meaningful impact,” said Tkach. “At its peak, YOW was a billion dollar contributor economically and supported over 10,000 jobs, and we want to get back to these levels.”

Here are the details on each parcel of land.

Hunt Club Road

At 10 acres, this rectangular piece of land is smaller than the others, but offers frontage, arterial road exposure and a wide range of complementary uses nearby, as well as quick access to the airport.

Developers will have an opportunity to build alongside restaurants, office buildings, and the Iogen research facility. There are also well-established retail outlets like the Hunt Club Plaza, which is anchored by the TNT Superstore.

Boasting significant frontage, the ideal development will take advantage of the exposure and fit in with existing development in the area.

Gateway West

Gateway West is a 30-acre parcel of land tucked behind the EY Centre.

This area will share the future Uplands Station on the City’s O-Train airport spur line, offering tenants the opportunity to be right on a rapid transit network. With many employees demanding their employers show a commitment to sustainability, Gateway West is a prime opportunity to do so by providing employees and visitors with environmentally-friendly public transit access.

The city of Ottawa currently lacks what is generally known as AAA- or even A-class office space located at the front door of its airport, making this an opportunity to be the first. OIAA hopes to see high-value employment opportunities, including professional services firms and R&D technology companies whose employees travel frequently, or who often welcome visitors from out of town.

The Gateway West opportunity is not restricted to just professional employers, but also cultural and recreational venues. The OIAA is excited about the diverse range of possibilities that the site offers.

With the combination of improved air service and infrastructure projects, the Ottawa International Airport enjoys a level of global connectivity it has lacked since the pandemic.

These attributes should be appealing to a Canadian firm looking to make the airport their home, or equally to an international business taking advantage of the highly skilled employee base in Canada’s Capital Region.

North Field sector

The first parcel is 90 acres in the North Field sector.

It offers an unparalleled opportunity to be a part of the city’s aviation research community, which includes the National Research Council’s aerospace and surface transportation research facilities, along with the Department of Defence’s Aerospace Engineering Test Establishment.

The goal is to build on the concentration of technological expertise in the transportation and technology sector.

The ideal occupant for this parcel of land will include those who want to take advantage of the immediate runway access, whether they’re maintaining aircraft, manufacturing aerospace components or conducting aviation research.

All three of the Ottawa Airport’s current development opportunities offer unique potential for the region’s economic growth.

https://obj.ca/ottawa-international-...opportunities/

[Dominion301]

I’d imagine the OFC own their facilities as they’ve been there for like 80 years.

The north end of the airfield near the flying club still has lots of room for development. Stand along the fence near Bambu and it’s noticeable.

[Rhb]

If anyone is waiting to see YOW passenger numbers for May 2024. They were poster last Friday evening.
Transborder and International loads factors look strong.

https://yow.ca/en/corporate/airport-...ssenger-volume

[Dominion301]

Today’s departure count: 81

Today’s cancellation count (so far): 0

The 2000 AC YYZ departure today is on rouge.

[Dominion301]

Originally Posted by Rhb

If anyone is waiting to see YOW passenger numbers for May 2024. They were poster last Friday evening.
Transborder and International loads factors look strong.

https://yow.ca/en/corporate/airport-...ssenger-volume

Here's the breakdown:

Sector / May-23 / May-24 / % Change
Dom: 287,675 / 294,878 / +2.5%
TB: 41,476 / 59,585 / +43.7% - highest since 2008
Int'l: 2,200 / 13,932 / +533.3%
TTL: 331,351 / 368,395 / +11.2% - higher than 2009, but 2008 was 379,937

Sector / YTD 2023 / YTD 2024 / % Change
Dom: 1,161,950 / 1,165,109 / +0.3%
TB: 241,178 / 373,141 / +54.7%
Int'l: 192,929 / 267,350 / +38.6%
TTL: 1,596,057 / 1,805,600 / +13.1% - on pace for 4.63 million

May % of traffic recovered vs 2019 / YTD vs 2019
Dom: 80.5% / 74.9%
TB: 106.9% / 110.3%
Int'l: 75.3% / 111.3%
TTL: 83.6% / 84.6%

12 Months Rolling / % Change vs Year End 2022
Dom: 3,206,058 / +18.3% - almost back to 2008 & ahead of 2009's 3,141,812
TB: 708,096 / +272.0% - closing in on 2018's year-end of 720,770
Int'l: 391,303 / +288.8% - now above 2018's year-end of 387,822
TTL: 4,305,457 / +43.5% - almost back to 2008 year-end of 4,339,225

[SimpleEng]

Originally Posted by Dominion301

Here's the breakdown:

Sector / May-23 / May-24 / % Change
Dom: 287,675 / 294,878 / +2.5%
TB: 41,476 / 59,585 / +43.7% - highest since 2008
Int'l: 2,200 / 13,932 / +533.3%
TTL: 331,351 / 368,395 / +11.2% - higher than 2009, but 2008 was 379,937

I'm surprised the May domestic numbers (2.5% YOY increase) were not stronger. In May Porter added second daily E195-E2 flights to YVR,YYC,YEG and started E195-E2 service to YWG. I believe Porter also increased Dash 8 service to BOS and EWR to 2x daily and 3x daily respectively.

I guess Porter's increases were offset by Flair's reductions?
Or perhaps we need to wait for the June results to see a full month of Porter's capacity increases?

[RomanR27]

Originally Posted by SimpleEng

I'm surprised the May domestic numbers (2.5% YOY increase) were not stronger. In May Porter added second daily E195-E2 flights to YVR,YYC,YEG and started E195-E2 service to YWG. I believe Porter also increased Dash 8 service to BOS and EWR to 2x daily and 3x daily respectively.

I guess Porter's increases were offset by Flair's reductions?
Or perhaps we need to wait for the June results to see a full month of Porter's capacity increases?

BOS/EWR aren't domestic, so wouldn't impact the numbers there. On the TB side, year-over-year I believe the only meaningful differences on the TB side are the daily MCO from PD and the BOS/EWR increase you mentioned. UA increased IAD from 2x to 3x daily, and I can't remember if UA was running EWR 2x or 3x last summer. The only reduction of service is that AC dropped EWR. The PD increases alone account for about ~18,000 seats monthly, which is strikingly close to the overall TB increase compared to May 2023.

As for domestic, I believe Dominion301 ran the numbers at some point and indeed the PD increases pretty much offset the capacity losses from other sources, including Flair. But indeed, June will paint a better picture as it will have a full month of all these additional frequencies, as well as the YWG inaugural (and nearly a full month of YYT).

[Dominion301]

Originally Posted by RomanR27

BOS/EWR aren't domestic, so wouldn't impact the numbers there. On the TB side, year-over-year I believe the only meaningful differences on the TB side are the daily MCO from PD and the BOS/EWR increase you mentioned. UA increased IAD from 2x to 3x daily, and I can't remember if UA was running EWR 2x or 3x last summer. The only reduction of service is that AC dropped EWR. The PD increases alone account for about ~18,000 seats monthly, which is strikingly close to the overall TB increase compared to May 2023.

As for domestic, I believe Dominion301 ran the numbers at some point and indeed the PD increases pretty much offset the capacity losses from other sources, including Flair. But indeed, June will paint a better picture as it will have a full month of all these additional frequencies, as well as the YWG inaugural (and nearly a full month of YYT).

Yes indeed. It takes a lot more E95 flying to offset the loss of what about 17 weekly F8 domestic 7M8 flights. A lot of the 8 large airports are seeing domestic losses this year thanks to the Lynx shutdown and reduced Flair domestic flying...which YOW also had earlier in the year. Getting AC back up to 3x to YHZ this winter + YYC & YWG returning to year-round will certainly help the domestic numbers in Q4 this year.

Today’s departure count: 83

Today’s cancellation count (so far): 2

[originalmuffins]

Originally Posted by Marcus CLS

https://obj.ca/ottawa-international-...opportunities/

Airport is releasing 3 parcels for land developement. Surprised no one caught this article published June 1st in OBJ.

This is pretty big news imo. Should be very good to build up the area more around the airport. I love it.