YYC Staggering Under $2.9B Debt, Much Of That Due To New Terminal

CalgaryHerald

The $2.6-billion expansion of YYC that was completed in 2016 was built with future growth in mind, creating capacity for new routes and new airlines to operate out of YYC for decades to come. But that project also made YYC one of the most debt-laden airports in Canada. While that might not have been a problem pre-COVID-19, a near-total collapse in air travel has left YYC in an unsustainable financial situation.

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