- March 2009
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Regional
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Toronto airport to raise airport improvement fee
Last month, the Greater Toronto Airports Authority announced a planned increase to the airport improvement fee (AIF) charged to passengers departing from Toronto Pearson International Airport. The fee, which is currently CAD $20 per person, will be raised by $5 to $25 effective June 1, 2009.
According to the airport operator, the AIF increase is one of a number of steps being taken to reduce costs and increase revenue in response to the economic slowdown. Transport Canada is predicting a 5.8 percent reduction in passenger volume—approximately 1.8 million fewer trips through Toronto Pearson—in 2009.
The airport is taking other actions to contain costs—including implementing a hiring freeze, as well as postponing projects such as parking expansion and garage demolition.
Sources: Canadian Press, Greater Toronto Airports Authority, btbtravel.com
