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Toronto Pearson Posts Strongest Percentage Growth in Past 10 Years

Toronto Pearson Posts Strongest Percentage Growth in Past 10 Years

The Greater Toronto Airports Authority (the “GTAA”) reported on March 22 its financial and operating results for the fiscal year ended December 31, 2016.  Passenger activity and net income increased substantially at 8.0 per cent and 29.7 per cent, respectively, during 2016 as compared to 2015.  This growth reflects an increased capacity of aircraft and new routes, the economic strength of the Greater Toronto Region, and the role of Toronto Pearson International Airport as Canada’s largest airport and North America’s second busiest airport in terms of international passengers.
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