Edmonton International Airport won't hike fees like Toronto counterpart
BY DAVID FINLAYSON, EDMONTONJOURNAL.COMFEBRUARY 13, 2009 1:02 PMCOMMENTS (1)
EDMONTON — The Edmonton International Airport has no immediate plans to follow Toronto Pearson International Airport in hiking the airport improvement fee to combat lower passenger numbers.
Pearson said Friday the fee will jump from $20-$25 June 1, and all but the most critical capital projects put on hold following a predicted six-per-cent drop in traffic this year.
EIA spokeswoman Traci Bednard said while traffic has moderated from last year’s country-leading growth, the strong economic fundamentals in Alberta provide some buffer from the economic downturn in east and central Canada.
The international has experienced double-digit passenger growth the last three years.
“Nonetheless, economic uncertainty remains,” Bednard said. “We continue to monitor economic conditions, and like all responsible businesses will make adjustments as required.”
“We are very proud of our extremely tight control over expenses and our regard for costs to both airlines and travellers.
EIA has not raised airline landing fees since 2005, and the AIF has been at $15 since 2002, one of the lowest among Canada’s large airports, Bednard said.
And when they do get to the point when fees have to be raised, it will only be after a long period of holding them flat, she said.
The terminal is already 20 per cent over capacity and the billion-dollar expansion — scheduled for completion in 2012 — needs to continue, Bednard said.
Pearson is also implementing a hiring and management salary freeze, closing some facilities, and launching a landing fee rebate program for carriers that offer new services.
Lloyd McCoomb, CEO of Greater Toronto Airport Authority, said the changes were not made lightly.
“They are the responsible course of action to manage Toronto Pearson today. We must ensure that the organization is well positioned to take advantage of growth opportunities when the economy improves.”
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