Airlines seek travel cost safeguards in Canada’s airport investment plan
- By Tahani Elghazaly
- Published
- Updated
National Airlines Council of Canada chief executive Jeff Morrison called for safeguards to keep air travel affordable under the federal government’s plan to bring private investment into the country’s four largest airports. His comments came as aviation leaders gathered in Ottawa on Thursday, October 8. Morrison said the council needed more details before taking a firm position on the proposal.
The plan covers Toronto Pearson, Montréal-Trudeau, Calgary and Vancouver airports. Prime Minister Mark Carney announced on September 15 that Ottawa would seek investors through long-term operating concessions. These agreements would give investors the right to run the airports for a defined period, while the federal government retains ownership of the land and assets.
The government says private capital and expertise would support airport development. Money raised through the arrangements would be reinvested in infrastructure, including regional airports and local transportation.
The airline council, whose members include Air Canada, WestJet and Air Transat, has called for the proposed operating arrangements to avoid adding costs to the aviation system and to seek lower travel costs.
In principles released after the announcement, it urged independent economic regulation of aeronautical charges and the elimination or transparent reinvestment of airport rents paid to Ottawa. It also called for concession revenues to fund airport infrastructure upgrades, with passenger service standards maintained and improved.
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