Best year ever for Saskatoon Airport Authority
Saskatoon Airport Authority (SAA) saw their best year ever.
The John
G. Diefenbaker International Airport set records in passenger traffic,
availability of air service connections and aviation activity on airport lands
in 2011.
At the annual public meeting held Monday, Nancy Hopkins, chair
of the Board of Directors said that more than 1.2 million passengers visited the
airport.
"(We are) a global gateway connecting Saskatchewan to the
world," said Hopkins.
Last year brought in $21.9 million general and
capital revenues. After expenditures there was $3.9 million as profit - largely
set aside in a capital fund.
The SAA said that the achievements of last
year have set the stage for the next chapter of airport growth. They have
started a 10-year $115 million capital investment plan. It included a $53
million expansion to the airport that started this spring.
The expansion
largely focuses on customer service beyond the security points. SAA CEO Bill
Restall said it will include comfortable seating, food concessions, beverage
concessions, retail shops, a business lounge, and a kid's play area.
"We
wanted to bring more services to the travelling public, to the passengers. We
couldn't do that ... especially on the other side of security," said
Restall.
The expansion is expected to take 30 months and will double the size
of the building. Restall explained that there will be some hassle for passengers
during construction.
"We are taking actually a facility that is tight
already and we're making it even smaller during construction. That is the major
impact people will see, the congestion," he said.
Restall, who announced
today that he will be retiring after 13 years as CEO, said that it will result
in the airport borrowing some money. He projects there will be two years where
the SAA will acquire debt.
When the expansion is completed the SAA plans
to move forward with a parking structure and a privately funded onsite hotel
complex.

