Winnipeg Airports Authority announce 4Q2009 results

"The economic downturn has had a dramatic impact on airlines as well as travel patterns throughout the world. With airlines cutting capacity, there are fewer seats available for travelers in the Winnipeg market," said Barry Rempel, President and CEO of Winnipeg Airports Authority. "In response, we were able to implement cost-constraint measures and increase other campus revenue which positively impacted our bottom line, ensuring our corporation's continued financial stability."