Halifax airport authority had a record yearMay 10, 2012 - 5:10pm By THE CHRONICLE HERALD Share on facebookShare on twitterShare on linkedinMore Sharing Services
Share on facebookShare on twitterShare on linkedinMore Sharing Services0
Select ratingCancel ratingPoorOkayGoodGreatAwesome
Cancel ratingPoorOkayGoodGreatAwesome.
Average: 5 (4 votes)
.Share on emailShare on print.It was a very good year for the Halifax International Airport Authority in 2011.
“We had our busiest year for passenger traffic, increased our cargo activity, completed several capital improvement projects and delivered a positive bottom line,” Tom Ruth, the authority’s president and chief executive officer, said in a news release Thursday.
The authority operates Halifax Robert L. Stanfield International Airport.
Overall passenger traffic increased by 2½ per cent last year to 3,594,164 passengers, up from 3,508,153 in 2010.
Last year’s numbers accounted for more than half of all the air passengers in Atlantic Canada.
All air traffic sectors recorded year-over-year growth last year compared with 2010, with transborder traffic (non-stop to the United States) up 10.8 per cent, international traffic 9.1 per cent higher and Canadian domestic traffic posting a 0.7 per cent hike.
The airport processed 29,263 metric tonnes of cargo last year, an increase of slightly less than three per cent from the 28,450 metric tonnes processed in 2010.
The authority generated $51.1 million in operating revenues last year, up from $47.3 million in 2010, and collected $26.8 million in airport improvement fees compared with $19.7 million in 2010.
Total revenues in 2011 were $77.9 million, an increase from $67 million in 2010, while total expenses last year were $74.4 million compared with $65.4 million in 2010.
The $3.4 million in revenues that exceeded expenses are being reinvested in airport operations and development.
The authority invested $21.8 million in its capital improvement program last year, including completion of the airfield restoration program, the first phase of site preparation to extend the main runway to 3,150 metres from 2,640 metres and preliminary work on its commercial development strategy.
The strategy will help shape the development of the airport property from the terminal building to Highway 102.
Airports Council International inducted the airport into its new Director General’s Roll of Excellence last year — one of only 14 airports so honoured.
Halifax Stanfield was recertified last year as ASQ Assured, the industry’s global seal of approval for superior service, and earned two Airport Service Quality Awards — third-best airport in the world for overall customer satisfaction for airports under five million passengers and third-best airport in North America regardless of size.
The latest figures available from 2010 show Halifax Stanfield International Airport is worth over $1.25 billion to the provincial economy on an annual basis.
(
[email protected])
About the Author »
By THE CHRONICLE HERALD