The Ottawa International Airport Authority announced its results for the year ended December 31st, 2017, at its Annual Public Meeting today.
Figures
- Passenger volumes totalled 4,839,677 for the year, which represents a 2.0% increase over 2016. Domestic travel led the growth with an increase of 3.6% over last year. The total breaks down as follows:
- Domestic: 3,813,672 passengers;
- Transborder: 647,574 passengers; and
- International: 378,431 passengers.
- Revenues were 5.2% higher at $128.3 million compared to $121.9 million in 2016. The increase in passenger volumes contributed to the positive impact on aeronautical and non-aeronautical revenues. Increasing non-aeronautical revenues helps keep our aeronautical costs as low as possible for the benefit of our airline partners and passengers.
- Earnings before depreciation totalled $32.8 million, with net earnings after depreciation of $3.8 million.
- The 2017 Economic Impact Survey confirmed the following:
|
Ottawa International Airport Impact on GDP |
$1.04 billion |
|
Employment generated |
10,776 jobs |
|
Wages and salaries generated |
$602.3 million |
|
Total income tax generated |
$109.9 million |
|
Average full time equivalent annual salary |
10.0% higher than the provincial norm |
|
Total annual output |
$2.2 billion |
Highlights
We are extremely proud of the results achieved in 2017, including the following highlights:
- The Ottawa International Airport returned to the top of the podium for customer service with a 1st place finish in the category of Best Airport by Size and Region – North America for airports that serve between 2 and 5 million passengers, and earned 2nd place Best Airport by Region – North America for airports that serve more than 2 million passengers per year;
- The launch of the No Airport Selloff education campaign advocating for the current private, not-for-profit Canadian airport governance model;
- Host of Canada Border Service Agency’s first Primary Inspection Kiosk deployment;
- Collaboration with the City of Ottawa on the airport station of the Trillium Line/LRT Stage 2, and confirmation of federal funding;
- Achievement of Carbon Accreditation Level 2 and formally presented with Level 1 award (photo); and
- Launch of the YOW Showcase in Arrivals where local enterprises and centres of excellence can share their stories with our visitors.
The full version of the Ottawa International Airport Authority’s 2017 Annual Report is available at https://ar-ra.yow.ca.
We also prepared a video to highlight some of our 2017 achievements.
Quotes
“The successes achieved in 2017 are due to a committed team and engaged partners,” said Chris Carruthers, Chair of the Board of Directors of the Ottawa International Airport Authority. He continued, “We extend special thanks to our passengers who continue to support the Ottawa Airport, and who showed their appreciation by helping us get to 1st and 2nd spots in our categories in the Airport Service Quality customer service benchmarking program for 2017.”
“Ottawa-Gatineau was the place to be in 2017 as Canadians flocked to the region to celebrate Canada’s 150th,” said Mark Laroche, President and CEO of the Ottawa International Airport Authority. “Thanks to many amazing events and a healthy local economy, we recorded increases in passenger volumes and positive revenue growth for the year. In addition, YOW completed major infrastructure projects and moved other plans forward, setting the stage for another busy year in 2018. Thank you to the team and our partners who contributed to our achievements in 2017.”
About the Ottawa International Airport Authority
OMCIAA manages, operates and develops airport facilities and lands in support of the economic growth of the National Capital Region, generating more than $2.2 billion annually in total economic activity in Ottawa and Gatineau.
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For more information:
Krista Kealey
Vice-President, Communications and Public Affairs
613-248-2050
[email protected]