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This article was published 1/11/2017 (233 days ago), so information in it may no longer be current.
Two of its busiest months on record helped boost passenger traffic at Winnipeg Richardson International Airport by more than seven per cent during the third quarter of this year.
The Winnipeg Airports Authority Inc. (WAA) announced Tuesday that passenger volumes were up 7.4 per cent from a year ago, thanks in large part to July and August being its two busiest months on record.
The authority said a number of key events helped to bring more people through the airport. In July, the first wave of Canadian athletes arrived to compete in the 2017 Canada Summer Games. The following month, Emad Mishko Tamo, a young Yazidi boy, was reunited with his mother at the airport, in a testament to the power of social media. September saw DHL, a world postal and logistics leader, began daily weekday service connecting Winnipeg to its hub in Cincinnati, Ohio.
The increase in passenger volumes helped boost WAA’s consolidated revenue for the quarter to $33.2 million from $31.2 million a year earlier. Earnings before interest, depreciation and taxes was down $1 million to $16.2 million, but was still ahead of budget for 2017.
"This expected reduction is a result of WAA prioritizing investments in 2017 that will benefit the company and airport for the long-term, including our Business Transformation initiative, systems upgrades and new positions in the company," the authority said.
"Leading transportation innovation and growth in a fiscally responsible manner is what drives WAA," added WAA president and CEO Barry Rempel. "With our airport partners, we have been able to deliver on the needs of our community, while re-investing in the airport for long-term success."
The WAA noted October marks the start of charter season, with local travellers having the choice of 15 direct service sun destinations this winter.
In November, the new Flight Club restaurant is also scheduled to open. Located in the Arrivals Hall, the Flight Club will be the first restaurant of its kind in North America, the authority said, offering patrons an herb-and-seed-inspired menu and a selection of cold-pressed juices.
The WAA is a non-share capital corporation, which means all of its profit is reinvested back into the company and its operations. The authority is responsible for the management and operation of Winnipeg Richardson International Airport, the Iqaluit International Airport and other affiliated businesses.