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Airport's traffic down in Q2, but revenue up

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Winnipeg's James A. Richardson International Airport.

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Winnipeg's James A. Richardson International Airport.

Passenger traffic was off slightly at Winnipeg’s Richardson International Airport but the Winnipeg Airports Authority (WAA) was able to generate stronger financial results during the second quarter of the year.

There were two per cent fewer travellers in the three-month period ending June 30, 2013 but revenue was up 10.5 per cent to $23.1 million compared to the same period last year.

Earnings before interest and taxes were $4.2 million, compared to $ 3.1 million in the second quarter of 2012.

"The Canadian domestic market continues to experience strong capacity discipline on the part of the major national carriers," said Barry Rempel, president and chief executive of WAA. "Winnipeg has not been immune to those changes in capacity and the WAA is working with both the service providers and community partners to reflect the potential of the market and needs of our customers."

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