Airport Traffic Up, While Profit Dips in Third Quarter

By Brian Schultz

Traffic at Winnipeg’s Richardson International Airport saw an increase during the third quarter of 2010, up by 0.48%.

The Winnipeg Airports Authority Inc. released the data Wednesday, saying the increase was attributed to growth in transborder traffic and the addition of Iceland Express.

The WAA said its net revenue dropped slightly to $8.8 million, down from $10.5 million in 2009.

“As noted by economists, the recovery in Canada is expected to be gradual with an expected return to full capacity at the end of 2012,” said Barry Rempel, president & CEO of Winnipeg Airports Authority Inc.

Meanwhile, construction on the new air terminal building remains behind schedule, but is expected to open in early 2011.