Winnipeg James Richardson International Airport (WAA.CA)
Winnipeg’s Richardson International Airport saw a strong first quarter to the year with a 7.5 percent increase in passenger traffic compared to last year.
Winnipeg Airports Authority says they welcomed 1.1 million travellers in the first three months of 2019. To cap off March, passenger traffic was up 9.5 percent in that month alone.
“Demand for air service in this region remains strong and we continue to work with our partners to deliver on the needs of our customers,” said Barry Rempel, President and CEO of WAA.
“Whether you are leaving on a family vacation, a business trip or it’s accepting delivery of your latest online purchase, the airport continues to connect our community to the rest of Canada and the world.”
WAA also touted a 9 percent increase in cargo traffic during the same time period.
First quarter consolidated revenue was $36.2 million compared to $34.1 million for the same period in 2018. Earnings before interest, depreciation and taxes were $18 million for the first quarter of 2019, versus $17.3 million for the first quarter of 2018.
