Eng Says YYZ Emerging As “Top-Tier Global Hub Airport”
Bruce Parkinson, Open Jaw
The Greater Toronto Airports Authority saw passenger activity rise 6.2% in 2017, while net income shot up 31.2%.
The GTAA says the growth reflects increased capacity of aircraft and new international routes, the economic strength of the Greater Toronto Region, and the role of YYZ as Canada's largest airport and North America's second busiest airport in terms of international pax.
"Toronto Pearson is quickly emerging on the world stage as a top-tier global hub airport," said Howard Eng, President and CEO, GTAA.
"Our investment in passenger and baggage flows, and customer service are delivering positive results. Nowhere is this more evident than in our strong 8.0% growth of international passengers from 27.4 million in 2016 to 29.6 million in 2017, driving overall passenger growth of 6.2%.
A total of 47.1 million passengers travelled through Pearson during 2017, an increase of 2.8 million pax over 2016. Additional frequencies on existing routes, upgauging of average aircraft size on existing frequencies, and the addition of new routes by existing air carriers drove passenger growth in 2017. The airport now has 63 air carriers providing flights to 184 international cities, up from 176 in 2016.
For 2017, Toronto Pearson was recognized by Airports Council International as the number one airport in North America for passenger satisfaction for airports that service greater than 40 million passengers annually.
Bruce Parkinson Editor-in-Chief
An observer and analyst of the Canadian and international travel industries for over 25 years, Bruce uses the pre-dawn hours to prepare a daily news and information package to keep industry members up to date.