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Old Posted Oct 20, 2023, 3:32 PM
egb egb is offline
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https://www.cbc.ca/news/canada/nova-scotia/halifax-airport-85-of-pre-pandemic-levels-1.7002141

I thought this was a good article about the airport’s current situation. A change from being a hub for smaller regional flights toward (presumably) being more of a feeder with larger flights focused on major hub airports is interesting.

1. Having the peak number of passengers increase, while the total number of passengers doesn’t is tough for airport economics. Ideally, you’d make investments to handle the peak load, but the underlying numbers make it hard.

2.The structure of the terminal itself probably looks less ideal than it would have five years ago as there appears to be a lot of capacity to service smaller planes that may be redundant.

3. Having to carry $150M in COVID debt makes all of the above even harder.

4. I don’t think the smaller regional flight model in the Maritimes is going to come back. US flights returning in greater numbers seems more likely, but it will probably take more years of population growth for it to really happen.

5. If population growth keeps up in any sustained way these issues will all probably work themselves out.
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