Calgary Airport Authority welcomes $57.5 million in funding for runway rehabilitation project

Calgary Airport Authority welcomes $57.5 million in funding for runway rehabilitation project

Runway rehabilitation ensures YYC remains a vital hub as many plan for a safe and secure return to travel, contributing economic growth to our region for future generations.

CALGARY, AB, 2021-Aug-17 — /Travel PR News/ — The Calgary Airport Authority welcomes the announcement by federal Minister of Transport, the Honourable Omar Alghabra, that the federal government will provide close to $57.5 million in funding for the critical west runway rehabilitation project at YYC from Transport Canada’s Airport Critical Infrastructure Program.

“Our west runway is a critical piece of YYC infrastructure. It plays a huge role in the significant contributions we make by way of connections, GDP and jobs to the economy.” said Bob Sartor, President and CEO, The Calgary Airport Authority. “The rehabilitation project will ensure YYC is able to meet the demands of passenger and cargo traffic over the next 40 years.”

Air transport continues to play a key role in the delivery of essential goods, food, medical supplies and vaccines, and has seen a growth in passenger volumes as restrictions ease for double vaccinated travellers. YYC Calgary International Airport saw a year over year increase of 17 per cent in cargo volumes at the end of June 2021, and domestic passenger volumes double for the same period.

“This investment reinforces our role as a vital hub well positioned to contribute to the economic growth of the region, especially as many plan for a safe and secure return to travel. We appreciate the willingness of the federal government to engage with us to ensure the west runway rehabilitation project is partially funded through this program.” continued Mr. Sartor.

West Runway Rehabilitation

Federal funding announced today addresses the rehabilitation of YYC’s critical west runway which was initially constructed in 1939 and saw 137,031 movements (departures and arrivals) in 2018 alone. It is anticipated that this project will take 2 to 3 years to complete, cost approximately $115 million and create 200–300 quality jobs for Albertans.

ABOUT THE CALGARY AIRPORT AUTHORITY

The Calgary Airport Authority is a not-for-profit organization incorporated under the Regional Airports Authorities Act of Alberta and is responsible for the management, operation and development of YYC Calgary International Airport (YYC) and Springbank Airport (YBW). The Authority’s commitment to safety remains a top priority and our #FlyHealthyYYC program has received the Airport Health Accreditation by Airports Council International. Our airports are important economic generators for the city, region and province, supporting thousands of jobs and generating billions in GDP through associated economic activity. The Authority was also recognized as one of Alberta’s Top Employers for 2021.

MEDIA RELATIONS:

DEAN PADDOCK
Director, Communications & Stakeholder Engagement
P: 403 735 2194
deanp@yyc.com

The Calgary Airport Authority
P: 403 735 5899
media@yyc.com

Source: YYC (Calgary Airport Authority)

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