The economic impact of air passenger and cargo traffic through Atlantic Canada’s airports is over $4.4 billion.

 

Economic Drivers

As integral components of the transportation system, the Atlantic region airports are significant economic generators. The economic impact of air passenger and cargo traffic through Atlantic Canada’s airports is over $4.4 billion. This represents 28,000 person years of employment.

While we have a relatively modest population base of 2.3 million people, we welcome over 5 million visitors to our region annually, which makes tourism an important sector and economic generator in Atlantic Canada. Our airports move more than 7.8 million passengers per year – that’ 3 times the total population of the region - and that number has grown by an average of 5% annually since 2002.

This growth over the past decade has propelled the need for airports to expand infrastructure to meet the growing demand of the travelling public. Since the transfer of airports from the Government of Canada in the 1990’s, airports in Atlantic Canada have self financed over $420 million in capital improvements. These investments have allowed our airports to expand their capacity to handle every increasing passenger and cargo traffic, and to enhance the travel experience for business people, tourists and families.

Air access and capacity have also been on an upward trend. It is now more possible than ever to fly directly to more destinations within Canada, North America and the world from an airport in Atlantic Canada.

There is no doubt that air transportation is a key component to economic growth and airports are the essential link that connects communities and air travel. In fact, Canada’s airports are engines for economic development in the communities they serve. They serve as a vital link to intra-provincial, national and international trade and commerce.