Traffic Down, Revenue Soars at Winnipeg Airport

James Richardson International Airport (CHRISD.CA FILE)
James Richardson International Airport (CHRISD.CA FILE)

Passenger traffic was down 2% in the second quarter of the year at James Richardson International Airport.

Winnipeg Airports Authority released their quarterly results on Tuesday, which also reported revenue of $23.1 million compared to $20.9 million during the same period in 2012. Earnings before interest and taxes were $4.2 million, compared to $3.1 million for the same period last year.

Cash earnings from operations were $7.4 million compared to $3.8 million in 2013.

“The Canadian domestic market continues to experience strong capacity discipline on the part of the major national carriers,” said Barry Rempel, president and CEO of the WAA. “Winnipeg has not been immune to those changes in capacity and the WAA is working with both the service providers and community partners to reflect the potential of the market and needs of our customers.”

— Staff