Airports of Canada’s leading cities report positive EBITDA gains in 2010

Two of Canada’s leading airport operators, Toronto’s GTAA and Aeroports de Montreal, released their financial report for the year ending 31-Dec-2010. Both are not-for-profit corporatised organisations, typical of the halfway house privatisation that applies to most of the major Canadian gateway airports, and one that has attracted some attention in the US. Both report EBITDA gains but AdM still trails Toronto in passenger volume by quite a margin. [1595 words]

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This report contains the following subheadings:

• Aeronautical fees reduced
• Rail link by 2015
• Cultural Montreal still lags Toronto’s air traffic
• AdM airports’ investment 'to resume normal pace in 2011'
• Rent and municipal taxes amounted to 20% of income

This report contains the following charts and tables:

• Table 1: GTAA financial highlights for the 12 months ended Dec-2010 (all financial figures USD million)
• Table 2: Aeroports de Montreal financial highlights for the 12 months ended Dec-2010
• Table 3: Canadian airports traffic 2010